The macroeconomic stability that Bangladesh's economy has enjoyed for a long time has disappeared in the face of multiple challenges – from both external and domestic sources.

The government may increase the threshold of surcharge-free net wealth from the coming fiscal year 2023-24 beginning from July – a plan that is likely to reduce the pressure of tax on the upper middle-income people. 

As an average millennial, what does the budget really mean to you? Terms, technicalities and jargon from the 343 chapters of the proposed budget are enough to send an average desk jockey into a tortuous-fuelled death spiral of confusion. This is why most reluctant millennials with no savings, or the capability to afford to own a home, remain unfazed by such fiscal highlights of the year. Unless, it disrupts the few pleasures they have in life.

We still have to wait and see how it will actually impact the market.

How can they contribute to the budget without taking part in the discussions?

The discussion is expected to play a positive role in formulating a youth-friendly budget.

Unnayan Shamannay, a non-governmental think-tank, today launched “Digital Budget Information Helpdesk” with an aim to enhance connectivity between the people and the budget-makers.

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 number of risks that our economy currently faces because of all the global instabilities is perhaps unmatched since the early days of Bangladesh’s independence. Amid this reality, the government is set to present the new budget early next month.

The national budget for the next fiscal year will be the third since the start of the Covid-19 crisis in March 2020. Can we expect it to address the current realities, contexts and challenges of Bangladesh?

Finance Minister AMA Muhith says the government will re-examine the quota system of the public service recruitment after the national budget.

BNP Secretary General Mirza Fakhrul Islam Alamgir says the government is going to place a big budget to “misguide people”. The government is raising the size of the budget every year to give people a wrong perception about the economic growth, he alleges.

Reiterating his determination to keep 15 percent unified value-added tax (VAT) in the next fiscal, Finance Minister AMA Muhith claims that the uniform VAT will not affect the price of essentials.

BNP senior joint secretary general Rizvi Ahmed rejects the proposed national budget for the next fiscal terming it as anti-people.

AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.

Jatiya Pratibandi Forum (JPF), in a press conference on Sunday, highlighted that there has not been any significant allocation for development of people with disabilities in the national budget...

Cigarette prices are set to go up as the finance minister proposes some tax measures aimed at reducing the use of tobacco and maximising revenue collection from the sector.