Budget

LGRD approves Tk 300 crore budget for district councils

Tue August 18, 2009 - 1:49am BdST

A meeting of the local government ministry on Monday approved a budget of around Tk 300 crore for district councils for the 2009-10 financial year.

NOAB appeals to PM to save newspaper industry

Sun June 14, 2009 - 1:11am BdST

Newspaper Owners' Association of Bangladesh (NOAB) has issued the following statement: The proposed budget has provided for imposition of five per cent tax on import of newsprint. But in effect, the actual tax will stand at over eleven and a half per cent.

FBCCI backs money-whitening scope but have few complaints

Sat June 13, 2009 - 10:57pm BdST

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today supported the provision in the proposed budget for fiscal year 2009-10 to allow whitening of black money in exchange for payment of 10 percent tax.

Money-whitening scope in budget sparks debate

Sat June 13, 2009 - 12:49am BdST

The provision for whitening undisclosed money in the proposed budget for the fiscal year 2009-'10 is 'a political compromise', said the finance minister yesterday, after several organisations scathingly criticised the government's move.

Budget to create jobs for 700,000

Sat June 13, 2009 - 12:46am BdST

The budget envisages that employment opportunities for about 700,000 people would be created during the next fiscal year apart from providing employments for 49 lakh man-months for the hardcore poor.

Budget implementation to be tougher than resource mobilization: Muhith

Fri June 12, 2009 - 11:35pm BdST

The budgetary provision for whitening black money has been the outcome of political compromise, rather than ethical considerations, by the political leadership of Awami League-led ruling alliance.

Budget 'ambitious' in policy: CPD

Fri June 12, 2009 - 5:51pm BdST

The proposed budget for FY 2009-10 is "ambitious" in terms of policies but "conservative" regarding macroeconomic projections, says the Centre for Policy Dialogue (CPD).

Budget aims at fulfilling election pledges: Finance Minister

Fri June 12, 2009 - 12:33am BdST

Finance Minister AMA Muhith has said the new national budget is not just a statement of income and expenditure of the government rather it is an instrument through which we would ensure growth, poverty reduction and achieve the macroeconomic fundamentals as per the earlier election pledges of the Awami League-led grand alliance government.

Defence spending up

Thu June 11, 2009 - 11:48pm BdST

The government has raised military spending to Tk 8,382 crore in the proposed budget.