The Foreign Investors' Chamber of Commerce and Industry (FICCI) has raised concerns about the reduced allocation for some key mega projects in the proposed national budget for the fiscal year 2022-23. The move will result in slowing the implementation of the projects as well as raise the total cost of the
Tag: budget
Highlights of budget for FY23
The highlights of the proposed budget for fiscalyear 2022-23 are following-- Total proposed budget-- Taka 6,78,064 crore GDP growth target 7.5 percent, GDP size-- Taka 44.50 lakh crore Revenue target-- Taka 4.33 lakh crore Budget deficit-- Taka 2.42 lakh crore (5.4pc of the GDP) The average inflation is 5.6pc in FY2022-23 Government proposes to withdraw advance
Tk 26,066cr proposed for quality energy, power supply
Finance Minister AHM Mostafa Kamal today proposed Taka 26,066 crore for the Power, Energy and Mineral Resources Divisions in the budget for FY2022-23 to ensure quality energy and power supply in the country. "Large-scale socio-economic development activities have been undertaken for smooth implementation of the Master Plan that Bangladesh has adopted
Tk 36,863cr proposed for health sector
Considering the health sector as a priority, Finance Minister AHM Mustafa Kamal today proposed an allocation of Taka 36,863 crore for Health and Family Welfare sector in the next fiscal year 2022-2023 which was Taka 32,731 crore in the fiscal year 2021-2022. He said the allocation is meant for the overall
Tk 81,448cr proposed for education in new budget
Finance Minister AHM Mustafa Kamal today proposed an allocation of Taka 81,448 crore for education sector in the national budget for 2022-23 fiscal year (FY), which was Taka 69,643 crore in the revised budget for FY 2021-22. He allocated Taka 31,759 crore for primary and mass education, Taka 39,961 crore for
Budget targets revenue of Tk 433,000cr, deficit of Tk 2,45,064cr
The government is targeting the total revenue earnings of Taka 4,33,000 crore in the next fiscal year (2022-2023). Out of the targeted revenue collection, the National Board of Revenue (NBR) will realize Taka 3,70,000 crore and another Taka 63,000 crore will be collected from other sources, Finance Minister AHM Mustafa Kamal
Tk 1,501cr proposed for environment ministry
The government has allocated Taka 1,501 crore for the Environment, Forest and Climate Change Ministry in the proposed budget for fiscal 2022-23, which was Taka 280 crore more than that of fiscal 2021-22. Finance Minister AHM Mustafa Kamal proposed the allocation while placing the budget for fiscal 2022-23 in the House
President authenticates proposed budget for 2022-23 FY
President M Abdul Hamid today authenticated the national budget for 2022-23 fiscal and the revised budget for 2021-22 for placing before the Jatiya Sangsad by Finance Minister AHM Mustafa Kamal. The head of the state authenticated the budget at his Jatiya Sangsad Bhaban (parliament complex) Office at about 2:40 this afternoon. Chief
BEA proposes alternative budget of Tk 20.50 trillion
President of Bangladesh Economic Association Prof Dr Abul Barkat on Sunday proposed establishment of an independent commission to recover black and laundered money. He said that the amount of black money is over Tk 88.61 trillion in the country, accumulating from FY 1972-73 to FY 2018-19. Of which Tk 8 lakh
UGC approves Tk 10,444cr budget for 50 public univs
The University Grants Commission yesterday approved a budget of Tk 10,444 crore for 50 public universities of the country for 2022-23 fiscal year. It also approved Tk 71.67 crore budget for itself for the same fiscal year, UGC said in a statement. Of the amount for 50 public universities, the size of