Economy

Kamal tables Tk 7.62 trillion budget for FY24

Kamal tables Tk 7.62 trillion budget for FY24

Finance Minister AHM Mustafa Kamal has unveiled a Tk 7.62 trillion national budget for the fiscal year 2023-24 (FY24). He placed the budget before the Jatiya Sangsad at 3:00pm on Thursday. The record outlay of Tk 7.62 trillion represents an increase of over 12 per cent compared to the original bu

Govt to introduce universal pension scheme in FY24

Govt to introduce universal pension scheme in FY24

The government has planned to roll out the much-talked-about universal pension scheme in FY2023-24 as part of it’s inclusive development strategy. Finance Minister AHM Mustafa Kamal said this in his budget speech on Thursday, adding that, “A pension authority will be established very s

Domestic bank borrowing to finance 17pc of budget deficit

Domestic bank borrowing to finance 17pc of budget deficit

As the government unveiled a Tk 7.61 trillion spending plan for the upcoming fiscal year to get the ball rolling on the 'Smart Bangladesh' initiative, more than 17 per cent of the record budget deficit will have to be offset by loans amid looming fears of recession. Finance Minister AHM Mustafa Ka

Kamal to place Tk 7.61 trillion budget for FY24 Thursday

Kamal to place Tk 7.61 trillion budget for FY24 Thursday

Finance Minister AHM Mustafa Kamal will place a national budget of over Tk 7.61 trillion for the next fiscal year (FY24) at the Jatiya Sangsad on Thursday (June 1)  with a major focus on containing inflation, generating jobs, efforts towards building a ‘Smart Bangladesh’ and addres

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