World economy could suffer ‘significant scarring’: IMF official
GB Today The economic fallout from the coronavirus pandemic could inflict “significant scarring” worldwide and the outlook for recovery remains…
Economics
Finance Minister disputes description of budget as ‘traditional’
Finance Minister AHM Mustafa Kamal on Friday said the proposed budget of 2020-21 FY is not just a…
Tk 64,580 cr allocated for communication sector
The government has proposed an allocation of Tk 64,580 crore for infrastructure of communication sectors aiming to have…
11.2 percent of budget to go on interest payments
The government has to spend Tk. 63,801 crore in interest payments, which is 11.23 percent of total national…
Corona-hit health sector gets highest priority in budget with Tk29,247cr allocation
As the country grapples with coronavirus pandemic, Finance Minister AHM Mustafa Kamal on Thursday proposed an allocation of…
Budget highly ambitious, say economists
Some economists said on Thursday the proposed national budget for 2020-21 fiscal year will be almost impossible to…
Tk 22,489 cr allocated for agriculture
Aiming to ensure food security and prevent any possible food crisis in the post-corona world, the government has…
EC to get Tk 1717cr in 2020-21 FY
Down almost Tk 500 crore An amount of Tk 1,717 crore has been allocated for the Election Commission…
Black money-whitening scope proposed for FY 2020-21
Illegal money whitening scope was introduced for the next fiscal year 2020-21 as Finance Minister AHM Mustafa Kamal…
Tk 95,574 cr allocated for safety net
The government has allocated Tk 95,574 crore for programmes under the social safety net in the proposed national…
Budget focuses on health, agriculture, social safety net, job creation
Finance Minister AHM Mustafa Kamal on Thursday said he has brought about a structural change in this year’s…
2pc incentive on remittance to continue
The 2 percent incentive on remittance sending from abroad will continue in the next fiscal 2020-21. Announcing this,…
Tk 2,05,145cr ADP for FY21
The government has allocated Taka 2,05,145 crore as the annual development programme (ADP) for the fiscal year (FY21)…
Tk 9,836 crore proposed for disaster management
Finance Minister AHM Mustafa Kamal has proposed Tk. 9,836 crore for disaster management and relief for the next…
$20.25 billion investment proposals in economic zones: Finance minister
Budget for FY2020-21 Finance Minister AHM Mustafa Kamal on Thursday informed that investment proposals worth about US$ 20.25…
Revenue target set TK 3,78,000cr
Finance minister A H M Mustafa Kamal in the proposed national budget for fiscal 2020-21 has set revenue…
Budget documents to be available on websites
The budget documents for the next fiscal year (FY21) will be available on the website of the Finance…
Proposed budget expected to gratify COVID-19 reality
Finance Minister AHM Mustafa Kamal is set to unveil tomorrow the proposed budget for 2020-2021 fiscal expected to…
Elevated extreme poverty to persist through 2021: World Bank
Global economic growth could rebound next year — but the number of people living in extreme poverty is…
Japan’s debt mountain: How is it sustainable?
Already the global leader in accumulating debt, Japan is adding nearly $2 trillion to its mountain this fiscal…