Dhaka June 21, 2025, 6:46 am
The IMF has recently offered Bangladesh US$6.8 billion worth of policy support credit in the next few years to tackle the income-expenditure gap in the national budget
The BB came up with the move to raise import costs and check pressure on the forex reserves
The government is focusing on widening tax net by addressing the yet untapped potential
Bangladeshis staying abroad sent home over $21.03 billion in the just-concluded fiscal compared to more than $24.77 billion in the FY 2020-21
MoF issues circulars deferring funding of unimportant projects
Highlighting M&A prospects in corporate finance, stakeholders say a more streamlined process and simple codified system in line with the international best practice will help court foreign investors
Bangladesh has already started widening of its all the national highways and cross-border economic road corridor. A huge amount of financial support is required in the coming years
The highway linking Padma Bridge has the potential to grow more as it will connect three ports--Mongla seaport, Payra seaport and the Benapole land port. Besides, it will be a part of the Asian Highway
The title of the budget for the next fiscal year is "Return to the Path of Development; Leaving the COVID-19 Behind"
Taming inflation, stabilising forex reserves key targets
Export oriented sectors, including readymade garment (RMG), jute and jute products, will get the amount
PRI focuses on reform
Out of the total amount, Japan will provide 1,65,861 million Yen or approximately Taka 11,400 crore for two investment projects while another 128 million Yen or approximately Taka 9.57 crore as grant against a grant project
MPS also to care for growth
Increase of revenue collection in income tax and VAT indicates the improvement of good governance in the country.
Government will analyse IMF's proposed terms and conditions regarding different kinds of reforms tagged to the credit facility
Bashundhara Group will supply coal to feed the Bangladesh-India Friendship Power Plant during the commissioning of the power plant
The central bank has strengthened its foreign-currency support to the scheduled banks in recent months to handle volatility in the forex market
Experts tell post-budget seminar
Taxation experts, including accountants and former tax officials of the National Board of Revenue (NBR), singled out the fiscal measures and suggested a go-slow policy to take necessary preparation to enforce it
-2022-07-07-13-15-17.jpeg)
-2022-07-01-12-50-56.jpeg)
