The government has no plans to inject capital into state-run banks as it has already taken several initiatives to put an end to this culture, Finance Minister AHM Mustafa Kamal said today.

The government proposed increasing the source tax on export proceeds to 1 per cent from the existing 0.5 per cent in the next fiscal year.

Finance Minister AHM Mustafa Kamal is placing the national budget for fiscal year (2022-2023) at the Jatiya Sangsad.

The finance minister has proposed abolishing the scope for whitening of black money through the stock market.

The bank accounts with balance over Tk 5 crore may have to pay more excise duty from the next fiscal year.

The Bangladesh government has set a target of 7.5 per cent growth of the country’s gross domestic product (GDP) in the upcoming fiscal year of 2022-23 beginning from July.

The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.

The overall budget deficit for the fiscal year 2022-23 will be Tk 245,064 crore, or 5.5 percent of GDP, said Finance Minister AHM Mustafa Kamal in his budget speech today.

Finance Minister AHM Mustafa Kamal unveiled a proposed budget of Tk 678,064 crore for 2022-23 fiscal year in the national parliament today.

The Cabinet at a special meeting today approved the proposed national budget for the fiscal year 2022-23.

Finance Minister AHM Mustafa Kamal has reached the National Parliament to present the National Budget for the financial year 2022-23 today.

Finance Minister, AHM Mustafa Kamal will be presenting the proposed budget for the financial year of 2022-2023 on Thursday, June 9, 2022. Alongside the general public, Bangladeshi celebrities and stars also have certain expectations from the government in regards to the upcoming budget. Actor Sohel Rana, musician Kumar Bishwajit, actor Riaz Ahmed and actress Meher Afroz Shaon spoke to The Daily Star about their expectations for the budget.

The budget for the next fiscal year should be framed by taking into account the new challenges facing the economy and the cost of living crisis confronting people, said a noted economist.

Austerity and generosity may not go hand in hand, but Finance Minister AHM Mustafa Kamal faces a situation where he has to apply both when he unveils the budget for the next fiscal year today.

AHM Mustafa Kamal, whose life has been full of struggles, had dreamt of becoming the finance minister, so he consciously entered politics.

What is the purpose of the national budget? In essence, it is to allocate scarce resources.

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

Prime Minister Sheikh Hasina yesterday said the government started a process to collect an additional $1,000 million as budgetary support to tackle future emergency situations and the economic crisis stemming from the Russia-Ukraine war.

Although the child-centric budget allocation increased in terms of size over the last two fiscal years, it dropped from 2.78 percent of Gross Domestic Product (GDP) to 2.63 percent.

Prime Minister Sheikh Hasina yesterday said the government started a process to collect an additional $1,000 million as budgetary support to tackle future emergencies and the economic crisis stemming from the Russia-Ukraine war.