Fahad Ferdous, UNB – Page 5

Agri-subsidy to rise in next budget

- Fahad Ferdous, UNB - May 30, 2021May 30, 2021

Government subsidies in the upcoming budget for 2021-22 fiscal is likely increase by Tk10,000 crore with agriculture sector slated to get the highest allocation, official sources said on Saturday. The agriculture gets the priority in line with the government's policy to ensure food security during the ongoing COVID-19 pandemic, said the

Sources: Agriculture to get increased subsidy in the upcoming national budget

National

- Fahad Ferdous, UNB - May 29, 2021May 29, 2021

Government subsidies in the upcoming budget for 2021-22 fiscal are likely to increase by Tk10,000 crore with the agriculture sector slated to get the highest allocation, official sources said on Saturday. Agriculture gets the priority in line with the government’s policy to ensure food security during the ongoing COVID-19 pandemic, said

Govt plans steps to expedite project implementation

- Fahad Ferdous, UNB - May 9, 2021May 8, 2021

Integrated budget & accounting system for ministries on the cards The government is taking a series of measures to enhance the implementation rate of Annual Development Programme (ADP) to overcome the lack of capability to use project funds and speed up the pace of development. Allocations for ADP in the budget have

NBR struggles to achieve VAT collection target

- Fahad Ferdous, UNB - April 21, 2021April 21, 2021

The National Board of Revenue (NBR) is mounting pressure on its field offices to boost VAT collection as only 41 percent of the first seven months’ target was achieved amid challenges posed by the Covid-19 pandemic. It has asked the offices to attain the target keeping the present situation in mind

Tk 6 trillion national budget for FY22 likely

- Fahad Ferdous, UNB - April 18, 2021April 19, 2021

The government allocation for public expenditure on goods and services will witness a significant rise in the coming years after a slight dip in the last couple of years.The government has estimated to spend Tk 401.3 billion, which is 6.6% of the budget, for public expenditure in the coming 2021-22

Perks for public servants to be up from FY22

- Fahad Ferdous, UNB - April 7, 2021April 8, 2021

The allocation of money for salaries and allowances of the public sector will see an uptrend from the next fiscal after a span of four years.The government is going to allocate some 12.2% of the total budget in the upcoming fiscal of 2021-22 for salaries and allowances to the public