Budget to benefit rich: CPD
Centre for Policy Dialogue said on Friday that the proposed national budget, fiscal measures in particular, for financial year 2019-20 gave a lot of facilities to well-off and high-income groups while it offered very marginal benefits to the general people.
Revenue collection Hefty target to burden people: MCCI
The Metropolitan Chamber of Commerce and Industry on Friday expressed its concern that the higher revenue target set in the proposed budget for the financial year 2019-20 would put excessive pressure on the existing taxpayers.
Allocation in agriculture declines
Allocation to the agriculture sector in the national budget proposals for the next fiscal declined in percentage of the total outlay compared to the budget for the outgoing fiscal.
Power and energy sector receives Tk 28,051cr
The power and energy sector has received Tk 28,051 crore for the coming fiscal 2019-20, up by 2,451 crore from Tk. 26,502 crore in FY2018-19.
New budget won’t spark price spiral: finance minister
Finance minister AHM Mustafa Kamal on Thursday said there was no component in the budget for the 2019-2020 fiscal year which might cause a price spiral of essential commodities.
Budget Implication: Prices to go up and down
With the announcement of the proposed budget for the upcoming fiscal year (2019-’20), a number of products are expected to see fluctuation in prices both upward and downward.
Health sector allocation goes up
Finance minister AHM Mustafa Kamal on Thursday proposed 5.63 per cent of the total budget outlay for health services and family welfare sector for fiscal year 2019-20, which was 5 per cent in the outgoing budget.
Kamal unveils first budget plan today
The finance minister, AHM Mustafa Kamal, is set to propose the national budget of about Tk 5,23,191 crore for the next financial year in parliament today amid challenges of higher revenue generation and improving capacity to check big discrepancy between projection and implementation.
Government plans to redevelop Old Dhaka
The government has forged a plan to redevelop Old Dhaka in a ‘planned manner’ for widening its roads and public spaces through vertical expansion.
Bangladesh slips 9 steps down in Global Peace Index
Bangladesh has moved nine steps down in the Global Peace Index 2019, produced by the Institute for Economics and Peace.
