Mega projects to get Tk 47,283cr from new ADP
The government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development budget for the upcoming fiscal year.
17 May 2021, 18:00 PM
Govt moves to rein in willful defaulters
The government, for the first time, has moved to define habitual defaulters, a development that may stop delinquent borrowers from running businesses, travelling abroad, and participating in social and political activities.
17 May 2021, 18:00 PM
Health division spends only 26pc of ADP outlay
Despite giving special focus on the health sector, the government could implement only 26 per cent of the sector’s Annual Development Programme in the first 10 months of the current fiscal year.
16 May 2021, 18:00 PM
Left out in their hour of need
The government could not spend two-thirds of its around Tk 25,000 crore cash-food support packages for the poor and vulnerable, frontline health workers and low-income farmers in the last year after its announcement.
11 May 2021, 18:00 PM
Put fight against Covid at the heart of budget: economists
Rapid coronavirus vaccination, upgrading the creaking health system and expanding social protection should be the focus of the upcoming budget to bring the crisis under control, economists said.
11 May 2021, 18:00 PM
Pandemic to be budget mainstay
Keeping in mind the possible impacts of the second Covid-19 wave, the government is going to attach top priority to vaccination, economic recovery, and life and livelihood of the poor in the upcoming national budget.
10 May 2021, 18:00 PM
Safety net budget to cross Tk1 lakh crore for first time
The budgetary allocation meant for the poor and vulnerable is set to go past Tk 1 lakh crore mark for the first time as the government sets aside additional funds to support the needy during the coronavirus-induced income collapse.
10 May 2021, 18:00 PM
ADP spending may expand by 14pc
The government may allocate Tk 225,324 crore to implement development projects in the next fiscal year, which is 14 per cent higher than that in the revised budget.
9 May 2021, 18:00 PM
NBR collection target may remain unchanged
The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year because of the devastating effect of the coronavirus pandemic on the economy.
8 May 2021, 18:00 PM
First 9 Months of This Fiscal Year: Tk 14,295cr cash, assets legalised
Undisclosed assets worth a staggering Tk 14,295 crore have been legalised in the first nine months of this fiscal year.
6 May 2021, 18:00 PM
Padma bridge deadline now June next year
The government approved a proposal to extend the deadline for the much-talked-about Padma bridge project to June 23, 2022.
5 May 2021, 18:00 PM
Super Specialised Hospital: Project staring at long delays
The government will again extend the period of a project taken to set up a modern healthcare facility at the capital Bangabandhu Sheikh Mujib Medical University (BSMMU) after the project authorities failed to complete the work on schedule mainly due to the pandemic.
3 May 2021, 18:00 PM
Incentive spending on remittance may go up
The government may increase its allocation for incentive expenses for remittance in the next fiscal year as it looks to retain the surge of the flow of the cheapest source of foreign currencies for Bangladesh.
3 May 2021, 18:00 PM
Govt plans ambitious aid use target
The government plans to set an ambitious target of using foreign aid worth Tk 88,024 crore for development projects in the next fiscal year as external assistance has piled up.
29 April 2021, 18:00 PM
Reaching Those in Need of Help: Govt struggles for lack of enough data
The government faces a challenge in reaching the target population in need of financial assistance amid the Covid pandemic in the absence of a comprehensive database of poor people.
28 April 2021, 18:00 PM
ADB cuts growth projection for second wave
The Asian Development Bank (ADB) has downsized its projection about the Bangladesh’s GDP growth in the current fiscal year of 2020-21, considering the second wave of Covid pandemic and fresh lockdown that restricted economic activities.
28 April 2021, 18:00 PM
Lockdown Fallout: City poor barely on govt’s mind
Over the last couple of weeks, Abdus Sobhan, a day labourer in the capital, saw his earnings drop to almost nothing.
27 April 2021, 18:00 PM
Save lives now, all else can wait
Ten months ago, a government-commissioned research report on the fallout of the pandemic-induced shutdown divulged some grim projections: over 1.64 crore people in the country would become new poor in the second quarter of 2020.
26 April 2021, 18:00 PM
GDP growth target cut again
The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.
25 April 2021, 18:00 PM
Govt to expand safety net
The government has already provided seasonal assistance to about 10 lakh people living below the poverty line and will expand such social protection programmes to curb the adverse effects of any future economic shock, according to Finance Minister AHM Mustafa Kamal.
24 April 2021, 18:00 PM