Rejaul Karim Byron

The government is working out an ambitious revenue target for the next fiscal year with a 20.07 percent increase from this financial year’s revised budget, aiming to raise the tax-GDP ratio that fell to 6.8 percent last year.

Tk 3 lakh crore borrowed during the interim government

About Tk 35,000 crore is likely to be allocated in the upcoming fiscal year’s budget for the partial implementation of the new pay scale for government officials, pensioners and MPO-listed teachers and staff.

Bangladesh is expecting $3 billion in budget support by the middle of June from five multilateral and bilateral lenders, including the World Bank, in what would provide a sigh of relief to the government from the financial pressure triggered by the Middle East war.

The Asian Development Bank (ADB) has proposed a 20-year development plan involving about $79 billion to build a major economic corridor from Teknaf to Tentulia with the view to decongesting Dhaka and Chattogram, in line with the BNP’s election manifesto.

The finance ministry has found a host of anomalies in the pilot of the Family Card programme, as the government seeks to iron out irregularities and ensure the BNP’s flagship social welfare initiative can withstand the scrutiny of development partners.

Three years after launch and with 99 percent of its budget unspent, a nearly Tk 1,700 crore customs modernisation project is set to be presented to the Executive Committee of the National Economic Council (Ecnec) today with a proposal to extend its deadline and raise costs by nearly 40 percent.

The government plans to set up at least one Urban Primary Health and Nutrition Centre in every ward of Dhaka North, Dhaka South, and Chattogram city corporations for residents deprived of care due to fragmented delivery of services.