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The Financial Express

/ Economy / Bangladesh

Education allocation to rise by less than 2.0pc of GDP

The education and technology sectors get 5.0 per cent higher allocation in the proposed national budget for 2022-23 fiscal year (FY23), placed by Finance Minister AHM Mustafa Kamal in Parliament on Thursday. The allocation was increased to Tk 999.78 billion...

Bangladesh to examine possibility of establishing digital bank

Bangladesh government will examine the possibility of establishing digital banks...

Universal budget to be introduced in FY23

The government plans to introduce a universal pension scheme in...

Supplementary duty on motorcycles likely to promote domestic industry

The government plans to impose a supplementary duty on motorcycles...

Tk 16.51b allocated for foreign ministry in FY23 budget

An allocation of Tk 16.51 billion has been made for...

Health sector gets trivial boost in FY23 budget

Though he said strengthening the health sector is the government's...

Income tax rate to remain unchanged in FY23

Finance Minister Mustafa Kamal is planning to keep the individual...

Key takeaways from FY23 budget

The Russia-Ukraine war and its repercussions amid recovery from the...

BB to study digital currency as an alternative to crypto

Bangladesh Bank will conduct a feasibility study on the possibility...

Social safety net widened

With the introduction of the Universal Pension system and the...

FinMin proposes tax cuts for 'Made in Bangladesh' brands to boost competitiveness

Finance Minister AHM Mustafa Kamal has proposed to reduce taxes...

Mobile phone sets to get costlier in budget FY 23

People will have to pay more for buying mobile handsets...

5.0m low-income families to get food assistance in FY23

Five million low-income households will get food assistance of 30...

Govt plans to construct 54 warehouses for safe chemicals storage

As part of the government initiatives to ensure a safe...

Around $4.0b invested in private economic zones, says Kamal

Finance Minister AHM Mustafa Kamal has said that the investment...

Agro-machineries get increased subsidy in budget FY23

Finance Minister AHM Mustaf Kamal has emphasised on agricultural modernisation...

Government cuts turnover tax for startups

Bangladesh plans to slash the turnover tax for startups to...

Cash incentive on remittance to remain unchanged at 2.5pc

Keeping the rate of incentive on sending remittance unchanged at...

Govt plans to impose 15pc VAT on laptop imports

The government plans to impose 15 per cent VAT on...

Bangladesh plans to borrow record Tk 1.0t from banks

After a deviation of two years due to the coronavirus...

Allocation of power and energy slashed in budget for FY23

The power and energy sector received an allocation of Tk....

Proposed budget to keep aside Tk 50b for jobless people

The government plans to set aside Tk 50 billion (5,000...

Kamal sees six major challenges for FY23 

Finance Minister AHM Mustafa Kamal saw six major challenges for...

Bangladesh cuts corporate tax rate to 27.5pc

Finance Minister AHM Mustafa Kamal has announced a corporate tax...

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