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For the first time in the country's history, Bangladesh's per capita income rose to Tk3,68,873, equivalent to $3,020, in the outgoing FY2025-26, according to provisional estimates of the Bangladesh Bureau of Statistics (BBS) released today (10 June).
The government is planning extensive tax incentives and duty benefits in the national budget for the 2026-27 fiscal year to boost industrialisation, increase investment and create new employment. Measures have also been taken to control inflation and protect local industries by reducing taxes on essential items and increasing duties on import-dependent luxury goods.
The upcoming fiscal year is going to have a major impact on the pockets of the common man and the market dynamics. In the proposed budget for the 2026-27 fiscal year, major initiatives are being taken to increase taxes, duties and VAT in various goods and services sectors to increase the country's revenue revenue. As a result, there is a possibility that the prices of several daily consumer goods, import-dependent goods and luxury goods will increase from the next fiscal year.
Eight more children have died from measles-like symptoms in 24 hours until 8:00am on Wednesday, raising Bangladesh’s combined tally of confirmed and suspected measles-related deaths to 639.
The government has approved a proposal to spend Tk 412.71 crore on procuring measles vaccines as the infections and related deaths continues to grapple the country.