Proposed budget to destroy country’s economy : Gono Forum
Gono Forum leaders on Saturday said that the proposed national budget, fiscal measures in particular, for financial year 2019-20, would create havoc in the country’s economic sector.
Hamid seeks CICA partners’ support for Rohingya repatriation
Stressing the importance of a peaceful solution to Rohingya crisis, president Abdul Hamid on Saturday sought support and cooperation from CICA partners so that the forcibly displaced Myanmar nationals can return to their homeland with safety, security and dignity.
Stern action against wilful loan defaulters: PM
Prime minister Sheikh Hasina on Friday came down heavily on critics of the proposed national budget for financial year 2019-20 terming them ‘mentally sick.’
President seeks Tajikistan’s support to end Rohingya crisis
President Abdul Hamid has sought cooperation from Tajikistan in resolving the Rohingya crisis.
Budget to increase tax burden on people: BNP
Bangladesh Nationalist Party on Friday said that the countrymen would not accept the proposed impractically ambitious budget for 2019-20 fiscal year as it would increase the burden of taxes on the general people.
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.
