Bangladesh
Bangladesh
Additional funds can’t besought in revised budget
Mahfuja Mukul: The Ministry of Finance has started working on the revised budget for the current fiscal year 2023-2024 by including the condition of not allocating additional funds. No ministry can ask for additional allocation in the revised budget. Besides, the Ministry of Finance is preparing revised budget in the…
Read More »Human chain formed by relatives of prisoners
‘Kill all our family members together’ Staff Correspondent: Dhaka Metropolitan BNP leader Leon Haque and Rajib Hasan’s sister said, ‘My two brothers were arrested by the police, one brother was missing for a month and then arrested. A year ago, my sister-in-law was shot dead by RAB in Lakshmipur, she…
Read More »Pressure of foreign debt repayment increasing
Zarif Mahmud: Worries about repaying foreign debt are increasing every day. The repayment amount has doubled in a span of one year. And the amount of interest payment is more than double. This pressure to repay the foreign debt is increasing at a time when the country’s foreign exchange reserves…
Read More »Govt is on a cost-effective policy with revised budget
Mahfuja Mukul: The government has taken the policy of cost reduction in the budget of the current fiscal year 2023-24. It will remain in force even in the formulation of revised budget. Therefore, the Ministry of Finance has told various ministries, departments and departments that no additional allocation can be…
Read More »Bangladesh preparing for unfair elections
Voice of America reports Staff Correspondent: Although the Election Commission of Bangladesh has announced the National Assembly elections on January 7, rights activists and political analysts say that the country’s situation is not at all conducive for elections. Mass repression against opposition parties continues. Party leaders and workers are still…
Read More »Bank loan interest rate increased again
Maximum interest rate 11.18 pc Staff Correspondent: Bangladesh Bank has once again increased the policy interest or repo rate by 50 basis points to reduce the high inflation prevailing in the country. As per the new decision, the repo rate will be 7.75 percent from today. Earlier, the repo rate…
Read More »NBR proceeding with appointment of TRP to find new taxpayers
Staff Correspondent: National Board of Revenue (NBR) wants to find taxpayers who have taxable income and Tax Identification Number (TIN) across the country. For this the organization will appoint Income Tax Return Preparer (TRP). Meanwhile, TRP rules have also been issued. And income tax lawyers have been agitating to abolish…
Read More »92,595 students getGPA-5 in HSC and equivalent exams
Staff Correspondent: A total of 92,595 students got the highest Grade Point Average (GPA-5) in the HSC and equivalent examinations 2023 under 11 education boards, which was 1,76,282 in 2022.According to the result published here yesterday, among the GPA-5 holders, 43,230 are male students and 49,365 are female.A total of…
Read More »Govt paying debt by borrowing fund
Mahfuz Emran: Revenue collection is not increasing despite the increase in expenditure. To meet the deficit, the government has to take loans from domestic and foreign sources. The debt status of the government from domestic and foreign sources is also increasing. At the end of the financial year 2021-22, the…
Read More »9 m SME entrepreneurs provide 24.5 m jobs
DCCI president calls for increased support to enhance technical capacity in SMEs Special Correspondent: There are about nine million entrepreneurs in the Small and Medium Enterprises (SME) sector in the country. They have created employment opportunities for 24.5 million people in various business sectors, including agriculture and product manufacturing. The…
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