Bangladesh National Budget FY2024-25

Bangladesh National Budget FY2024-25

Tk 7,97,000 crore budget passed in parliament

The parliament today passed the Tk 7,97,000 crore national budget for the 2024-25 fiscal year with the aim of achieving 6.75 percent GDP growth rate and keeping annual inflation at around six percent

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Whitening black money: 3 MPs slam govt for keeping the provision

Two ruling Awami League MPs and a Jatiya Party MP today in parliament criticised the government for keeping the provision of whitening the black money in the proposed budget for 2024-25 fiscal

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JS passes over Tk 30,643.51cr supplementary budget for FY24

The parliament today passed the supplementary budget of Tk 30,643.51 crore for the fiscal 2023-24 to meet the increased expenditures under different ministries and divisions for the outgoing fiscal year ending June 30

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What can we learn about universal health coverage from global experiences?

Allocation of resources to the health sector and proper utilisation of that allocation are crucial for achieving universal health coverage (UHC)

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Govt measures will tame rising inflation

Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.

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Tax exemption in FY25 rises to Tk 163,000cr

Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.

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No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

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FY 2024-25: CCC announces Tk 1981.52cr budget

Chattogram City Corporation (CCC) today proposed a budget of Tk 1981.52 crore for fiscal 2024-25

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AL MP seeks black money investment in stock market

Also wants no tax on imported cars for new MPs

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An uninspiring budget proposal

It fails to commit to reforms and address people’s sufferings

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PM defends scope for money whitening

Supporting the budgetary provision for legalising black money, Prime Minister Sheikh Hasina yesterday said black money should be brought into the legal channel first.

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Implementing Budget For 2024-25: It’ll be challenging

Implementation of the new budget will be highly challenging in the current context of the Bangladesh economy, Metropolitan Chamber of Commerce and Industry (MCCI) said in a post-budget reaction yesterday.

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Cut in agri subsidy will hurt farmers

Economists say allocation for the agriculture sector in the new budget is inadequate, and it will not only hurt farmers but may also affect food production.

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Realistic and cautionary

The proposed budget for the 2024-25 fiscal year has been realistic and cautionary, as the government increased the budget by only 4.6 percent from the outgoing fiscal year, said Atiur Rahman, former governor of Bangladesh Bank.

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It’s to promote black money

BNP Secretary General Mirza Fakhrul Islam Alamgir yesterday said termed proposed national budget for the fiscal year 2024-25 black money-friendly, saying it will further widen scope for corruption in the country.

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Proposed budget execution a challenging task: MCCI

The budget should concentrate on pro-poor and inclusive growth, says the leading chamber in budget reaction

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Amnesty for black money proposed as per businesses’ demand

NBR chairman in post-budget press conference also said the general mass also demanded for the opportunity

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