The government has planned a Tk 8.48 lakh crore budget for the next fiscal year, up 6.3 percent from this year’s budget, as it looks to usher in a period of moderate growth and low inflation.

Dirty toilets, too much crowd, inadequate space, lack of privacy, and lack of water and soap in the toilets were cited as the top reasons for menstruating girls missing schools.

The negligence of quality education is reflected in the growing youth unemployment rates.

The budget has increased across all levels of education. On the surface, the numbers appear to align with the government’s claims about education being one of the most important sectors to invest in. While there has been an increase in the amount proposed, it simply falls short of global standards.

The forthcoming FY2024-25 national budget must show that we mean business.

Despite repeated promises to better utilise the allocated funds for development, this fiscal year’s spending so far has been the lowest in eight years.

Unlike public sector retirees, private sector employees do not get pensions

In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.

The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.

The Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) yesterday demanded the withdrawal of the proposed duty on imports of elevators and escalators in the national budget for fiscal year (FY) 2023-24.

Bangladesh Bank is planning on launching a digital bank with an AI-based credit rating system, as per Finance Minister AHM Mustafa Kamal in his latest proposal for the National Budget 2023-24. 

The government is planning on digitising 80% of information and processes on government services by 2023 and 100% by 2025, as per Finance Minister AHM Mustafa Kamal in his latest proposal of the National Budget 2023-24.

Despite being the last budget before the next general election, the government has little scope to unveil a big spending plan for the next fiscal year owing to limited fiscal space driven by lower-than-expected revenue collection, a noted economist said.

The macroeconomic stability that Bangladesh's economy has enjoyed for a long time has disappeared in the face of multiple challenges – from both external and domestic sources.

The government may increase the threshold of surcharge-free net wealth from the coming fiscal year 2023-24 beginning from July – a plan that is likely to reduce the pressure of tax on the upper middle-income people. 

As an average millennial, what does the budget really mean to you? Terms, technicalities and jargon from the 343 chapters of the proposed budget are enough to send an average desk jockey into a tortuous-fuelled death spiral of confusion. This is why most reluctant millennials with no savings, or the capability to afford to own a home, remain unfazed by such fiscal highlights of the year. Unless, it disrupts the few pleasures they have in life.

We still have to wait and see how it will actually impact the market.

How can they contribute to the budget without taking part in the discussions?

The discussion is expected to play a positive role in formulating a youth-friendly budget.

Unnayan Shamannay, a non-governmental think-tank, today launched “Digital Budget Information Helpdesk” with an aim to enhance connectivity between the people and the budget-makers.