Finance Ministry
Kamal to stick with expansionary scope of budget, but expand slower
The country is likely to get a Tk 593,314 crore budget for 2021-22 fiscal, Tk 25,314 crore higher than the running one, aiming to face the COVID-19 pandemic challenge and recovering the economy.
Remittances: First 6 months of fiscal sees over 37 percent growth
Inward remittances witnessed a massive growth of 37.6 percent in the first six months of the current fiscal 2020-21, over the corresponding period of the previous fiscal.
Staying in govt quarters is a must to avail of rent allowance: PM
Prime Minister Sheikh Hasina on Tuesday directed the authorities concerned to take measures for not providing house rent allowance to government employees if they don’t stay at the government quarters earmarked for them.
Overheated onion market: Import duty withdrawn
The government has withdrawn 5 percent duty on onion import in an effort to cool down the overheated local market following its export ban by India.
Fazle Kabir reappointed BB governor for next 2 years
The government has reappointed Fazle Kabir as the Governor of Bangladesh Bank for the next two years until July 3, 2022.
No purchase of new transports in govt offices: Finance Ministry
The Finance Ministry halted purchase of new transports for government offices until December 31 aiming to reduce government expenses amid coronavirus outbreak.
COVID-19: Budget speech to detail plan to save economy
The Tk 556,978 crore budget for 2020-21 fiscal containing the outline of salvaging the economy from the grasp of COVID-19 will be placed on Thursday next.
Budget to give greater weight to ‘rehabilitation of low-income people’
The national budget for 2020-21 fiscal year, which is likely to be around Tk 565,000 crore, is going to give priority to reviving the economy with the rehabilitation of low-income people, the worst sufferers of COVID-19 havoc, according to official sources.
Tk 1,100 cr seed money sought for small entrepreneurs
The Ministry of Industries has sought Tk 1,100 crore as seed money for the small entrepreneurs who remain outside the banking system and cannot avail of fund from the stimulus package announced for the SME sector to overcome the impacts of coronavirus pandemic.
Budget discussions set to formally commence on May 5
Ordinary citizens alongside stakeholders will be allowed to submit their own suggestions on the upcoming national budget on the website of Finance Division, though it remains unclear how much resource or effort would be expended on incorporating them.