Dhaka May 21, 2025, 8:12 am
The NBR has already given necessary instructions to its field level officials across the country to strictly follow its guidelines to step up the collection of revenue
JICA topped the list this year as Bangladesh for the first time secured US$ 331 million in budget support from the largest bilateral donor in August for tackling the COVID-19 in the economy
The minister trashed the WB forecast
In its Global Economic Prospects for January 2021, the World Bank said a rebound is likely to be muted unless policymakers act decisively to tame the pandemic and introduce investment-enhancing reforms
The inflation rate declined by 0.23 percent on a point-to-point basis in December 2020 as it came down at 5.29 percent last month from 5.52 percent in November 2020
Bangladesh Bank’s time-befitting policy has kept the economy stable and a sustainable exchange rate of taka against US dollar has benefited businesses and expatriates
government would spend around Taka 4,236.43 crore for procuring, transporting, distributing COVID-19 vaccines while the frontline workers including health workers, personnel of Law Enforcement Agencies, media personnel would
The current fiscal’s budget deficit has been projected at 6 percent of total economic output, which the government is trying to meet predominantly mobilising budget support from development partners
Bangladesh has experienced low debt to GDP ratio of around 34 percent of GDP since last few years
This represents the highest amount of tax the government has received since offering such an opportunity
Economists termed such initiative of the government as a time-befitting and smart one
Bangladesh received nearly $13 billion in remittances during the July to December period of the current fiscal, which is also the highest ever recorded for the period
Revenue collection must be raised to meet the huge expenses in the New Year thanks to unusual spending including the purchase of vaccines in the health sector to tame the rogue COVID-19 pandemic
The allocation will be 17.04 percent of the fiscal budget or 2.84 percent of the GDP
*Govt implementing stimulus packages worth Tk 1.21 trillion *55pc stimulus packages implemented so far *Stimulus deals make up 4.34pc of GDP
The yield rates of the government's different savings certificates are attractive. So, savers are investing more in these schemes
The BGMEA leader sees a number of challenges that lie ahead for the sector, in the new year of 2021
The country has done impressively well in avoiding a food crisis during the pandemic. Food production and supply chain were very good that helped avoid the price volatility of essential commodities
The finance ministry is going to propose a huge budget of Tk six lakh crore for the next fiscal
Economists are hopeful that 2021 will be the year to turn things around. Employment generation, revenue collection and increasing investment would be the main avenues through which the economic rebound has to be channelled
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