Wishful thinking -- is what best describes the maiden tax amnesty campaign the government is planning to lure money back home next fiscal year.

There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.

The government is committed to using the long-overdue National Household Database (NHD) from the next fiscal year to better target the social safety net programmes, in a development that can infuse dynamism in the flat scheme.

The upcoming budget for fiscal year 2022-23 should focus on checking inflation to give relief to the poor, lower middle and middle-income people, not on the higher gross domestic product (GDP) growth rate, said economists yesterday.

Pragmatism was the order of the day when the finance division sat down to draft the development budget for fiscal 2021-22.

The budget of the upcoming fiscal year will be presented on the national parliament on June 9, Finance Minister AHM Mustafa Kamal said today.

The budget for this fiscal has not taken proper steps to mitigate the crisis of the disadvantaged people who have been hit hard by the ongoing economic crisis, analysts said today.

The proposed national budget for fiscal 2020-21 has not addressed the issues of people who remain unemployed after losing their jobs and incomes at home and abroad during the ongoing pandemic, according to the Bangladesh Institute of Labour Studies (BILS).

The proposed budget of fiscal 2021-22 failed to reflect the country’s recently-adopted stance of shifting from coal to renewable energy, raising questions on the government’s commitment to clean power generation.

Aviation and tourism have been hit perhaps the hardest by the pandemic. Airlines went bankrupt and airliners were sent into early retirements or long storages. Flights got cancelled due to measures meant to contain the spread of the virus and planes that flew, flew nowhere near the full capacity.

The government is cautious about addressing the challenges the country would face after its transition to a developing country in 2026.

BNP secretary general Mirza Fakhrul Islam Alamgir yesterday said the proposed budget completely failed to address how people’s lives and livelihood can be protected amid the pandemic.

The new national budget proposes hiking the monthly allowance of valiant freedom fighters to Tk 20,000 from Tk 12,000.

Domestic manufacturing might enjoy a big boost as the government plans to encourage local investment in products labelled “Made in Bangladesh”.

Consumption protection and employment promotion should be the dual priorities of the upcoming national budget during the pandemic, said renowned economist and public policy analyst Dr Debapriya Bhattacharya.

Finance Minister Tajuddin Ahmad presents to the nation today the first budget of Bangladesh. He describes it as the budget for development, rehabilitation and reconstruction which seeks to narrow the gap between lower and higher income groups,

Four people are killed and three injured as a bus hit a human hauler on Dhaka-Tangail highway in Kaliakoir upazila of Gazipur.

Political leaders who believe in gender equity lack the power to influence policy decisions while those who have enough clout do not

Decreasing investments in education and health sectors will have adverse impacts in the long run, said experts yesterday, calling for