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'Smart Bangladesh' by 2041: Government undertakes 8 strategic initiatives

Dhaka, May 4 -- The government of Bangladesh has undertaken eight strategic initiatives aimed at transforming the nation into a cost-effective, sustainable, innovative, intelligent, and knowledge-base... Read More


Power and energy sector likely to get Tk 804 billion allocation in next two fiscal years

Dhaka, May 2 -- The government has set a target to allocate Tk 804 billion for the power and energy sector in the next two fiscals as it attaches top priority to the sector, aiming to transform the co... Read More


Govt plans Tk 2000 billion investment in transport and communication for next two fiscals

DHAKA, April 29 -- The government plans to substantially increase public investments across key sectors such as road, rail, bridge, shipping, civil aviation, and telecommunications. These initiatives ... Read More


Government plans to escalate recurrent expenditure to 9.5% by 2025-26

Dhaka, April 7 -- The government is set to increase its recurrent expenditure from 8.7% of the Gross Domestic Product (GDP) in the current fiscal year 2023-24 to 9% in 2024-25, with a further rise to ... Read More


Finance Ministry stresses the importance of balancing recurrent and capital expenditure

DHAKA, April 3 -- The Finance Ministry has highlighted the crucial need for a balanced approach to budgetary allocations between recurrent and capital expenditure, recognizing their collective impact ... Read More


Amid lower govt spending relative to GDP, Bangladesh plans increased investment to stimulate pvt sector

DHAKA, April 1 -- Bangladesh's Finance Ministry is tackling what it identifies as one of its most formidable challenges: significantly amplifying public expenditure to catalyse sustained growth within... Read More


NBR moves to align Bangladesh's tariff structure with WTO Commitments

, March 30 -- In a step towards global trade compliance, the National Board of Revenue (NBR) has undertaken a comprehensive review of Bangladesh's tariff regime, identifying 60 tariff lines where curr... Read More


Govt has no complete list of public services against which it levies fees or charges: Finance Ministry document

, March 28 -- The government has no complete list of public services against which it levies fees or charges. "There are thousands of public services against which the government levies fees or charg... Read More


Govt initiatives aim to simplify tax system and enhance revenue collection through technology and policy overhaul

DHAKA, March 20 -- In a strategic push to revamp its tax policy and administration, the Bangladesh government has outlined plans for significant reforms aimed at making the system more effective and t... Read More


Rationalisation of tax expenditures on cards for maximum benefits: Official document

Dhaka, March 15 -- The government has opted for rationalising tax expenditures which will play a useful role in collecting more revenue and ensuring forgone revenue (indirect public expenditure) is ma... Read More