Finance Adviser Dr Salehuddin Ahmed said the new national budget was not crafted with "a flurry of fancy words" but shaped under challenging conditions, including high inflation, banking and energy sector issues, and poor revenue collection. “For the first time, the size of the budget has no
Calling the interim government's maiden budget conventional, the BNP on Wednesday said the proposed budget for the 2025-26 fiscal year was placed without the opinions of political parties and the people. BNP Standing Committee member Amir Khasru Mahmud Chowdhury said this at a post-budget press co
Chartered accountants on Wednesday raised concerns that several proposed fiscal measures in the FY26 budget may lead to higher costs for businesses and reduced private-sector investment, especially amid the ongoing economic uncertainties. At a press conference held at its office in the capital, th
The Foreign Investors' Chamber of Commerce and Industry (FICCI) has expressed its mixed reactions on the proposed national budget for fiscal year (FY) 2025-26. It hailed the government for its intentions towards reforms and fiscal consolidation in the proposed budget that was presented by the Fina
On the eve of the long Eid-ul-Azha holiday, Bangladesh's inter-bank call-money market showed signs of stability, with banks successfully managing their liquidity needs, thanks in part to timely support from the central bank. The weighted average rate (WAR) of call money inched up to 10.44 per cent
The government will receive public opinion and suggestions on the proposed FY26 budget until June 19. After incorporating the acceptable opinions and suggestions, the cabinet will approve the budget on June 22, Finance Adviser Dr Salehuddin Ahmed told reporters Wednesday after a meeting of the Adv
The proposed national budget for the fiscal year 2025-26 has been termed highly ambitious by panellists at a post-budget discussion, who said its implementation will be difficult in the current economic and political contexts. Speaking at the discussion styled "Reflection, response and the road ah
The Chittagong Chamber of Commerce and Industry (CCCI) welcomed the budget for fiscal year 2025-26 and termed it as a pro-people and business-friendly one. The CCCI mentioned that the new budget will reduce the sufferings of people by controlling price hikes. CCCI administrator Muhammad Anwar Pas
The proposed national budget for the fiscal year 2025-26 has been met with cautious approval by leading trade bodies, who praised its intent but flagged serious concerns about its implementation. While acknowledging the Finance Adviser's effort to address inflation, unemployment, and investment st
The yield on two-year Bangladesh Government Treasury Bonds (BGTBs) increased significantly on Tuesday as banks expressed unwillingness to invest their excess liquidity in the securities ahead of Eid-ul-Azha. The cut off yield, generally known as interest rate, on the BGTBs rose to 12.29 per cent o
Bangladesh Bank Governor Ahsan H Mansur on Tuesday expressed hope that the rate of inflation would fall to 7.0 per cent by this September, paving the way for lowering the policy interest rate. He said there were two big challenges - inflation and the money market. Now the inflation has started to
Planning Adviser Wahiduddin Mahmud on Tuesday termed the budget placed by the interim government "realistic and frugal'. "I will tell this budget realistic and frugal, aiming to ensure a fragile economy into a stable one where all financial institutions and all other state organisations were demol
Panelists at a post-budget discussion organised by the American Chamber of Commerce in Bangladesh (AmCham) on Tuesday described the proposed national budget for FY 2025–26 as “highly ambitious” and warned that its implementation will be difficult amid economic and political uncert
