National Budget 2019-20
Smoking gets costlier
The government has significantly raised the prices of tobacco products to curb consumption.
13 June 2019, 18:00 PM
PLEDGES there, ‘HOW’ missing
Rejaul Karim, a college teacher by profession, took a personal loan of Tk 6 lakh at 9.50 percent interest from a private commercial bank in 2015 to tackle some family emergencies.
13 June 2019, 18:00 PM
Challenge lies in implementation
A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.
13 June 2019, 18:00 PM
Smartphone import to be costlier
Imported smartphones are scheduled to turn much costlier as the government has proposed increasing supplementary duty from 10 percent to 25 percent.
13 June 2019, 18:00 PM
Gloom of growers not going away
Gani Mia is a farmer with no land of his own. He grows paddy, jute and other crops in others’ fields.
His story, though fictitious, is in school textbooks and etched in the minds of many. It stands true for a large number of the country’s farmers, especially the marginal ones.
13 June 2019, 18:00 PM
BUDGET SPEECH: PM helps out ailing Kamal
Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.
13 June 2019, 18:00 PM
Overall stance remains pro-growth
It has become a tradition for the budget to be increased every year by 17-18 percent so this year, there was no reason to expect this to change. Generally, Bangladesh’s budget has maintained a sectoral balance in its stance, giving priority to education, agriculture, infrastructure and social sector expenditures.
13 June 2019, 16:19 PM
Mobile bill will go up from tonight
The cost of mobile phone usage is going up from tonight as the national board of revenue has already sent statuary regulatory order (SRO) to all mobile phone operators soon after placing the proposed national budget for 2019-20 fiscal in the parliament.
13 June 2019, 16:07 PM
8.2 % GDP growth projected in budget
Finance Minister AHM Mustafa Kamal, in his budget speech, has projected the Gross Domestic Product (GDP) growth rate at 8.2 per cent in the proposed national budget for 2019-20 fiscal.
13 June 2019, 15:52 PM
Budget 2019-20 in pie charts
Find the pie charts for the national budget for fiscal year 2019-20 that Finance Minister AHM Mustafa Kamal has placed in the parliament.
13 June 2019, 14:45 PM
No SRO without abnormal situation: Finance minister
Finance Minister AHM Mustafa Kamal in his budget speech in the parliament says that the government will avoid issuing statutory regulatory order (SRO) without any abnormal situation to bring transparency in the revenue management.
13 June 2019, 14:15 PM
Reality not reflected in budget, CPD says
Centre for Policy Dialogue (CPD) says the national budget for the 2019-20 was not placed in light of the real situation on the ground.
13 June 2019, 13:51 PM
All courts to be brought under e-judiciary process: Finance minister
Steps have been taken to bring all courts of the country within the ICT network through e-judiciary process to accelerate the disposal of cases, Finance Minister AHM Mustafa Kamal says in his budget speech at the parliament.
13 June 2019, 12:59 PM
Gold prices to go down
The price of gold will go down as a reduction of duty on its import has been proposed in the budget for fiscal year 2019-20.
13 June 2019, 12:52 PM
People to suffer for budget deficit: Amir Khasru
BNP Standing Committee Member Amir Khasru Mahmud Chowdhury says that the government has kept Tk 145,380 crore deficit in the proposed national budget for 2019-20 fiscal which will be realised from people anyhow.
13 June 2019, 12:36 PM
Finance Minister proposes number of reforms in banking sector
Finance Minister AHM Mustafa Kamal has suggested a number of reforms to bring back discipline in the banking sector.
13 June 2019, 12:32 PM
Prices up, prices down
Finance Minister AHM Mustafa Kamal proposes changes to duties on different products, which will result in increase and decrease in their prices.
13 June 2019, 11:41 AM
Kamal vows to raise tax-GDP ratio to 15pc in 2yrs
Finance Minister AHM Mustafa Kamal has vowed to raise the tax-GDP ratio to 15 percent in two years from present 10 percent, a move that needs a lot of efforts and investments from the government to achieve.
13 June 2019, 11:20 AM
Govt employees under insurance coverage
The government will bring all of its employees under insurance coverage, says Finance Minister AHM Mustafa Kamal in his budget speech.
13 June 2019, 11:05 AM
Govt plans pension scheme for all
The budget for fiscal 2019-20 includes plan for pension for all. Pension for all employed citizens in both formal and informal sectors will be ensured gradually, says the budget proposal placed at parliament.
13 June 2019, 11:03 AM