Why budget briefcase is red
Industry Desk: Economic activities throughout the year are determined in the budget. So, people all over the country keep an eye on the budget. The finance minister has the biggest role in formulating the budget. That…
Read More »Govt sets 7.5pc GDP growth target for FY23
Staff Correspondent: The government has fixed a 7.5 percent GDP growth target for the fiscal year 2022-23. Finance Minister AHM Mostafa Kamal said this while presenting a proposed budget of Tk 6,78,064 crore for FY 2022-23…
Read More »Tk 2.45 lakh cr deficit in budget 2022-23
Staff Correspand: The amount of deficit in the proposed budget for the fiscal year 2022-23 will stand at Tk 2,45,064 crore which accounts for 5.5 percent of the country’s total GDP. The deficit will be met…
Read More »Exercise austerity amid global price hike: PM
Staff Correspondent: Prime Minister Sheikh Hasina yesterday urged the people to take austerity measures amid the high inflation and price hike of goods across the world due to the Russia-Ukraine war and the Covid-19 pandemic.“Yes, it…
Read More »Tk 13,000 cr arrears to mobile operators
Teledensity 105.75 pc in BD Special Correspondent: The government’s arrears to the country’s mobile operators amounted to Tk 13,725.934 crore. Of this, only Grameenphone has arrears amounting to Tk 10,589.94 crore.The amount of Grameenphone’s audit objection…
Read More »Finance minister set to unveil Tk6.80tr budget
Staff Correspondent: Finance Minister AHM Mustafa Kamal is set to place the national budget of Tk 6.80 trillion (6.80 lakh crore) in the Jatiya Sangsad forFY2022-2023 tomorrow.The size of the budget will be about 15 percent…
Read More »Value of taka against US$ decreases further
Staff Correspondent: The value of taka has decreased further against the US dollar in the country. The exchange rate was Tk 91.50 against per dollar after decreasing by Tk 1.60 on Monday. The exchange rate of…
Read More »Connectivity always priority: BIMSTEC
Diplomatic Correspondent: BIMSTEC Secretary General Tenzin Lekphell has hoped that the member states will take advantage of the recently adopted master plan for connectivity and implement its components to achieve their aspiration of a truly connected…
Read More »Padma Bridge to boost foreign investors’ confidence
Diplomatic Correspondent: Japan’s ambassador to Bangladesh Ito Naoki yesterdaysaid the inauguration of mega project Padma Bridge will boost foreign investors’ confidence on the country.“This is going to be a wonderful moment,” he said highlighting the growing…
Read More »Bhutan allowed to use six more BD ports
Diplomatic Correspondent: Bangladesh has agreed to allow Bhutan to use six more ports including Aricha, Chilmari, Sirajganj, Mongla, Chattogram and Payra Port under the port of call arrangement.The development came at a meeting between the Bangladeshi…
Read More »Bangladesh becomes 4th largest
remittance source for IndiaOver 1.0 m Indians working illegally in BD Special Correspondent: Bangladesh becomes 4th largest remittance source for India, remitting over $10.00 billion since 2017. Whereas, Bangladesh has fetched total of $18.53 billion remittance in last year…
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