The US State Department is expected to propose an unprecedented dismantling of Washington鈥檚 diplomatic reach, multiple news outlets reported Tuesday, shuttering programs and embassies worldwide to slash the budget by almost 50 per cent...
The net government borrowing from the country鈥檚 banking sector surged in the July鈥揗arch period of the 2024鈥�25 financial year compared with that in the same period a year earlier, as it ramped up borrowing to address budget deficit ahead of the financial year鈥檚 end...
The Finance Division on Wednesday asked different ministries and divisions to complete over a dozen steps by April 24 in connection with finalising the estimate of the national budget for the 2025-26 financial year...
The interim government is going to bring about major changes in the national budget by squeezing expenditure for the forthcoming financial year of 2025-26 because of resource crunches, said officials.
The interim government is set to reduce the budget deficit for the next fiscal year of 2025鈥�26 to lower dependency on borrowings and check the double-digit inflation prevailed over the past three years pushing many below the poverty line.
Finance adviser Salehuddin Ahmed on Monday asked secretaries of high spending ministries to ensure transparency and accountability in implementing the national budget for the forthcoming financial year 2025-26.
Educationists, researchers and education rights activists on Monday demanded minimum 15 per cent budgetary allocation for the education sector and 3 per cent share of the sector in the gross domestic product in the 2025-2026 financial year...
Chairman of the National Board of Revenue Md Abdur Rahman Khan on Monday requested the finance adviser to reduce the budget size and give some relaxation to the mass people...
The implementation rate of the annual development programme hitting a decade鈥檚 low in the first eight months of the financial year raises concern. Only 24.17 per cent of the ADP budget has, keeping to the Implementation, Monitoring and Evaluation Division, been used in the eight months. The rate was much lower in the first seven months, with only 21.52 per cent, and..
The proposed bifurcation of the National Board of Revenue and the future role and responsibilities of the two offices of the revenue board after the spilt are likely to get a special focus in the national budget for the forthcoming financial year of 2025-26.
National Board of Revenue Chairman Abdur Rahman Khan said that the price of cigarettes will not be hiked in the upcoming budget for the financial year 2025-26...
AMID growing income inequality, high unemployment rates and unprecedented food inflation, economists have rightly pointed out that the budget for the next financial year should prioritise the economic woes of the ordinary people. Economists in a pre-budget meeting with the finance adviser on March 16 urged the government to create an enabling investment...
Economists in a pre-budget discussion on Sunday in the capital Dhaka suggested employment generation schemes, expansion of social spending and maintenance of a high food stock in the forthcoming financial year...
The finance ministry from today will start discussions with economic think-tanks, business bodies and non-governmental organisations as a part of its preparation for the next financial year鈥檚 budget...
National Board of Revenue chairman Abdur Rahman Khan said that the tax on taxpayers who had been enjoying the reduced rate will gradually increase...
The government on Wednesday revised down the 2024-25 financial year budget by 6.6 per cent, or Tk聽53,000 crore, to Tk聽7,44,000 crore because of a shortage of resources, said officials...
The industrialists in the leather goods and ceramic sectors, real estate businesses and reconditioned car traders demanded various tax cuts and duty benefits in the upcoming national budget for fiscal year 2025-26...
National Board of Revenue Chairman Md Abdur Rahman Khan on Wednesday hinted that the tax exemption system might be removed in the forthcoming national budget...
The Metropolitan Chamber of Commerce and Industry (MCCI) on Tuesday laid emphasis on scrapping the conditions on cash transactions in corporate tax...
The national budget for the forthcoming financial year of 2025-26 will focus on the reform initiatives taken by the interim government aiming at ensuring good governance, eradicating poverty and curbing discrimination to achieve an inclusive economic growth in the country.
The National Board of Revenue has asked for proposals and recommendations from chambers and trade bodies to improve tax regulations, including Value-Added Tax, for the upcoming financial year 2025-26 budget...
Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...
Revenue generation will continue to get priority in the next budget as the interim government wants to pull up the country鈥檚 falling tax-GDP ratio.
The Small and Medium Enterprise Foundation has called for regular budget allocations to implement the newly drafted SME Policy 2025 effectively, along with consistent monitoring of its progress...
Japan鈥檚 government on Friday approved a record budget for the next fiscal year, ramping up spending on social welfare, as the population ages, and defence to tackle regional threats.
UK public borrowing rose more than expected in September, official data showed Tuesday, as the new Labour government prepares for its first budget next week that is expected to include tax rises.
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023鈥檚 level on greater spending, including for interest on the public debt.
THE Awami League government, before its downfall on August 5, had revised the budget on June 6 allotting, Tk 414,080 million in the 2025 financial year, with a 9 per cent increase from the 2024 budget to accommodate macroeconomic challenges sucg as pandemic, price inflation and banking sector instability in banking. The health budget accounted for...
Kyiv will spend more than 60 per cent of its entire state budget on defence and security next year, according to a draft plan, as Russia鈥檚 invasion grinds on...
The International Monterey Fund will start a weeklong mission in Dhaka to negotiate over an extra $3 billion loan sought by the interim government in budget support.