UK govt to cut costs by 15pc
UK finance minister Rachel Reeves said Sunday she plans to cut the costs of running government by 15 per cent within four years, as she grapples with strained public finances...
Tags : Finance minister
Iran's finance minister sacked over soaring inflation, economic woes
鈥楾he most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years,鈥� the economy minister added.
25pc tax proposal on car import by MPs likely to be dropped
The finance bill for the upcoming financial year 2024鈥�25 is likely to be passed in parliament on Saturday, with the government backtracking from the imposition of a 25 per cent duty on car imports by lawmakers...
BB working to make list of top loan defaulters: Fin Min
Finance minister Abul Hassan Mahmood Ali on Monday told the Jatiya Sangsad that Bangladesh Bank is in the process of preparing the list of top loan defaulter persons and organisations...
Bangladesh's dollar crisis linked to $7-8b capital flight: ex-minister
Finance minister Abul Hassan Mahmood Ali said on Thursday that they had to follow the World Bank for foreign currencies, while former state minister for...
Finance minister criticised in JS for agriculture subsidy cut
Independent lawmaker Md Nasser Shahrear Zahedee on Thursday criticised finance minister Abul Hassan Mahmood Ali for reducing subsidies in agriculture in the proposed budget for the financial year 2024-25...
Questions on budget draw minister鈥檚 ire
Finance minister Abul Hassan Mahmood Ali said on Friday that he was disappointed with the questions made by journalists about proposed budgetary measures for...
Govt seeks six months to curb inflation
The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...
Tax measures to take toll on honest, relieve errant
Finance minister Abul Hassan Mahmood Ali on Thursday announced a series of measures, including reintroducing scope for legalising undisclosed money by paying tax at a...
Govt raises excise duty on high-value bank deposits
The government has increased excise duty on high-figure bank deposits in the proposed budget for the 2024-25 financial year...
Minimum tariff value of cotton fabrics increased
Finance minister Abul Hassan Mahmood Ali on Thursday proposed rationalising at the import level the minimum value of certain products, including cotton and synthetic fabrics, for imposing duty to safeguard the local industry...
Capital gain tax proposed for general investors if income crosses Tk聽50 lakh
Finance minister Abul Hassan Mahmood Ali has proposed that general investors in the capital market pay capital gain tax from the 2024-25 financial year if their income crosses Tk聽50 lakh...
Credit scoring system for digital banks to be introduced: Mahmood
Finance minister AH Mahmood Ali said that the government would introduce a credit scoring system utilising artificial intelligence and machine learning technology to facilitate loan services from these digital banks....
Govt targets inflation 6.5pc, economists doubt
The government has set a target to limit inflation within 6.5 per cent in the financial year 2024鈥�25, although prices of food and non-food items keep rising over...
Finance minister begins unveiling Tk 7,97,000cr national budget
Finance minister Abul Hassan Mahmood Ali has started placing the Tk 7,97,000 crore national budget in parliament for the fiscal year 2024-25....
Adani assured of arrear payment聽
Finance minister Abul Hasaan Mahmood Ali on Wednesday said that the government would clear arrears on power purchases from the Adani Group of India...
Army can take action against its former chief Aziz Ahmed: finance minister
Finance minister Abul Hassan Mahmood Ali on Sunday said that the army could take action against former Bangladesh Army chief General Aziz Ahmed.....
Finance minister for crackdown on loan defaulters
Finance minister Abul Hassan Mahmood Ali on Sunday said that the next course of action should be launching crackdown on loan defaulters after the exchange rate problem was almost fixed...
Finance minister for reforms in accounting system
Finance minister Abul Hassan Mahmood Ali on Saturday said that reforms are needed in the country鈥檚 accounting system in order to meet...