Finance Minister AHM Mustafa Kamal will place a national budget of over Taka 7.61 lakh crore for the next fiscal year (FY24) at the Jatiya Sangsad on June 1 (Thursday) with a major focus on containing inflation, generating jobs, efforts towards building a ‘Smart Bangladesh’ and addressing the challenges of
Tag: Finance Minister
Kamal unveils names of top 20 loan defaulters at JS
The total amount of debt to the top 20 defaulters is Tk 19,283.93 crore while the amount of defaulted loan is Tk 16,587.92 crore. Finance Minister AHM Mustafa Kamal divulged the amount in parliament on Tuesday responding to a tabled question from ruling Awami League MP Shahiduzzaman Sarker. The finance
Kamal sees Q1 performance of FY23 budget satisfactory
The position of basic macroeconomic indexes including revenue collection, remittances, export growth, annual development programme (ADP) expenditure and money supply in the first quarter (July-September) of the running 2022-23 fiscal was satisfactory.This was stated by Finance Minister AHM Mustafa Kamal on Thursday in a report placed in the House on
JS body submits report on universal pension bill
The Parliamentary Standing Committee on Finance Ministry on Sunday placed its report on a bill that seeks to introduce a universal pension scheme focusing particularly on the country's elderly population.Universal Pension Management Bill, 2022 was placed in the House by Finance Minister AHM Mustafa Kamal on August 29. It was
TCB to procure 2.75cr litres of soybean oil
State-owned Trading Corporation of Bangladesh (TCB) will procure 2.75 crore (27.5 million) litres of Soybean oil from the local suppliers for its Open Market Sale (OMS) propgramme. Cabinet Committee on Government Purchase (CCGP) in a virtual meeting on Wednesday approved three separate proposals of the Commerce Ministry in this regard.
Govt plans to import 5.46m tons of petroleum in 2023
Bangladesh has planned to import 5.46 million (54.6 lakh) metric tons of petroleum for 2023. Of these bulk petroleum, some 3.860 million (38.60 lakh tons) is refined petroleum while the remaining 1.6 million (16 lakh) MT is crude petroleum. The Cabinet Committee on Economic Affairs (CCEA) in a meeting, with Finance
Govt plans to introduce market-based forex rate
Finance Minister AHM Mustafa Kamal Wednesday said that the government is considering introducing market-based foreign currency exchange rates. "We're contemplating going for market-based foreign exchange rates. Today or tomorrow, we'll have to go for market-based trading of foreign currency," he told reporters while briefing on the outcomes of two consecutive meetings
Govt evaluating impact of hike in fuel price: Kamal
Finance Minister AHM Mustafa Kamal today said that the government is evaluating the impact of the hike in fuel price on the livelihoods of common people. “Necessary steps will be taken in consultation with the high-ups of the government based on the evaluation,” he said while talking to reporters at his
Kamal admits seeking IMF loan
Finance Finance Minister AHM Mustafa Kamal, admitting that Bangladesh requested for a loan from International Monetary Fund (IMF), said it does not mean the country's economy is in bad shape."But I had to make my previous statement looking into the perspective. I didn't want to expose our demands", he told
Decision on raising petroleum prices soon: Finance Minister
Finance Minister AHM Mustafa Kamal has said a decision on raising the petroleum prices will come soon."You will get informed whenever the decision is made," he told reporters while virtually briefing on the outcomes of the two consecutive meetings of the Cabinet Committee on Economic Affairs (CCEA) and the Cabinet