Welcoming budget proposal for the fiscal year 2020-21, women entrepreneurs recommended some measures to make it women friendly. In separate statements on Friday, Bangladesh Women Chamber of Commerce and Industries (BWCCI) and Women Entrepreneurs Network for Development (WEND) welcomed the budget for placing highest importance to a...
BUILD, a leading think tank said in order to give a clear signal to the global community and the local and foreign investors, the government should immediately prepare a COVID-19 Recovery Plan and a well-planned Exit Policy to meet the economic growth target projected in the proposed...
Dhaka North City Corporation (DNCC) mayor today placed a Tk 4,506.75 crore budget for 2020-21 fiscal year. The budget is Tk 1,449.51 crore higher than that of last fiscal. The budget was placed at the second board meeting today -- held at a community centre in Mirpur...
The Parliament Secretariat Commission on Monday approved a Tk 335.34 crore budget for Parliament to spend on its development and non-development expenditures for the next fiscal year (2020-21). The approval was given at the 31th meeting of the Commission held at the Jatiya Sangsad Bhaban with Speaker...
The Covid-19 pandemic has raised the need to spend more on priority sectors like health and education, but since the revenue collection prospect looks bleak in a crumbling economy, the government will have to rely more on foreign financing. But the poor uptake of foreign loans this...
South Asian Network on Economic Modeling executive director Selim Raihan said that the present context under the backdrop of the COVID‑19 outbreak demanded a special approach in the budget with a focus on health, social protection and agriculture. Unnecessary government expenditure must be cut down, he said...
Startup and IT-enabled ventures have a significant role to play in coming days and they need supports to survive the ongoing crisis and other challenges before that. Venture Capital and Private Equity Association of Bangladesh (VCPEAB) on Sunday urged incentives, policy support, and better financing for the...
প্রতিবছর বাজেটে বিভিন্ন খাত গুরুত্ব পেলেও একরকম ভঙ্গুর অবস্থায় পড়ে আছে এই স্বাস্থ্য খাত। করোনাভাইরাস বুঝিয়ে দিয়েছে কতটা অবহেলিত ছিল এই খাত। মেডিকেল টেকনোলজিস্টের অভাবে দেশে বহু করোনা আক্রান্ত মানুষের নমুনা সংগ্রহ করানো যাচ্ছে না। জনবলের অভাবে নমুনা সংগ্রহের পর পরীক্ষার ফল পেতে অপেক্ষা করতে হচ্ছে দিনের...
Exporters will face 0.5 percent tax at source of their export earnings from the next fiscal year as the existing 0.25 percent tax benefit is set to end this fiscal year, according to tax proposals placed by Finance Minister AHM Mustafa Kamal for the 2020-21 fiscal. However,...
More focus needs to be given on sourcing funds from external sources, reducing dependency on bank borrowing, to mitigate the budget deficit, according to the experts and stakeholders. Suggesting reduction of source tax for export oriented sectors to 0.25 per cent, they also said agriculture and agro...