FY25
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Additional tax burden to impede journey to Smart Bangladesh
The proposed budget for the fiscal year 2024-25 has raised a complex question among analysts regarding the allocation in the Telecommunication and Information Technology sectors. Analyzing this budget from a supportive or non-supportive perspective for these two sectors is crucial. No budget can entirely satisfy everyone, but the extent of satisfaction or dissatisfaction determines whether the budget is evaluated as supportive or non-supportive. While the announcement of extending the deadline for tax exemption in the Information Technology sector is promising, increasing taxes in the Telecommunication sector might impede the progress of Smart Bangladesh.
Control inflation and bring it down to a manageable level
Finance Minister Abul Hasan Mahmud Ali presented the proposed budget for the 2024-2025 fiscal year in the National Parliament today, Thursday, June 6. This is his first budget presentation as Finance Minister. In a country like ours, drafting the national budget is always a highly complex task. It is impossible to please all sectors equally through the budget. In the announced budget, the new Finance Minister has tried to focus on nationally significant economic issues. This is a positive aspect of the budget.
Special Cabinet meeting on proposed National Budget for FY 2024-25 underway
The proposed budget for the 2024-25 fiscal year exceeds Tk 8 lakh crore, including a Tk 265,000 crore Annual Development Programme (ADP). The National Economic Council (NEC) has already approved the ADP, allocating the highest amount of Tk 70,687.75 crore (26.67% of the allocation) to the transport and communication sector.
JS goes into budget session on Wednesday
The third session of the 12th Jatiya Sangsad (JS) will begin on Wednesday. It will be the first budget session of the present stint of the Awami League government came to power through the general election on January 7 this year.
3rd JS session begins June 5
The third session of the 12th Jatiya Sangsad (JS) will begin on June 5.
PM stresses speedy implementation of foreign funded projects
Prime Minister Sheikh Hasina has asked all ministries and divisions to complete the foreign aided and grant projects speedily with additional efforts, if required, to expedite the country's development spree further.
Social safety net to get wider in FY25: State minister
State Minister for Finance Waseqa Ayesha Khan Monday (May 13) informed that the government is going to increase the number of beneficiaries under its social safety net programmes in the upcoming budget for the next 2024-2025 fiscal year (FY25).
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