Govt able to implement FY2023-24 budget: PM

Prime Minister Sheikh Hasina today said that her government will be able to implement the Taka 761,785-crore national budget for fiscal year 2023-24 as they have shown their capacity earlier. "We've placed the biggest size of national budget in the history of the country and we are determined to implement this

Budget for FY 24 doesn’t reflect ICT sector

The budget for the fiscal year 2023-24 announced by the government did not reflect the proposals of the information and communication technology sector as expected.  Rather, it is inconsistent with the purpose of Smart Bangladesh. The business leaders of the national trade organizations of the ICT sector said this at a

Budget not based on IMF conditions: Kamal

Finance Minister AHM Mustafa Kamal has said that the budget for the fiscal year (FY) 2023-24 was not based on the conditions of the International Monetary Fund (IMF)."Like in different countries, the IMF has come to Bangladesh and made some recommendations to help the economy. We took their prescriptions as

Principles of budget to tame inflation: economists

Three renowned economists of the country have prioritized taming inflation, strengthening the social safety nets and maintaining economic recovery from the COVID-19 pandemic as the main principles for delivering the national budget for the next fiscal year (FY24). They said that the issue of strengthening social safety nets demands higher priority

Next budget will make people happy: Minister

Finance Minister AHM Mustafa Kamal on Thursday said that the business community will be happy with the upcoming budget of FY 2023-24. The government has the sympathy of the people including the business community as they are providing a large portion of revenue, which contributes much to the development of the

JU approves Tk 279.13cr budget for FY 2022-23

The senate of Jahangirnagar University (JU) on Friday approved its proposed annual budget of Taka 279.13 crore for the 2022-23 fiscal year. The budget was passed at the senate meeting presided over by JU Vice- Chancellor Prof Dr. Md. Nurul Alam. JU treasurer Prof Dr Rasheda Akhtar presented the budget at

Experts for commission to monitor budget expenditure

Experts have called for forming a commission to monitor government expenditure and national budget implementation.In many cases, accountability is not ensured in government expenditure, such a commission can encourage both public and private sector stakeholders to be transparent and can even contribute to the national exchequer, they added.The experts came

Governance main challenge in budget implementation: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday said good governance is a major challenge in implementing the proposed budget for the fiscal year 2022-23.  FBCCI president Md. Jasim Uddin came with the remark at a press conference on post-budget reaction held at FBCCI Building in Motijheel.  He

Budget offers no good news for lower, middle income groups: CPD

The Center for Policy Dialogue (CPD), a private think-tank, has found no good news for lower and middle-income groups in the newly announced budget, voicing doubt about government's ability to lower the inflation rate at 5.6 per cent. Finance Minister AHM Mustafa Kamal placed the budget for FY2022-23 expecting inflation rate

BNP denounces national budget as friendly to looters

Slamming the government for offering an amnesty to plunderers, BNP Secretary General Mirza Fakhrul Islam Alamgir on Friday described the proposed budget for the fiscal year 2022-2023 as friendly to looters, not the common people. "Budget will help those who stole, robbed and looted public money and stashed the cash abroad