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REUTERS 2020-06-13 13:44:00
Pakistan on Friday announced its annual budget for financial year 2020-21, setting ambitious targets of 2.1 per cent GDP growth, a 7.0 per cent fiscal deficit and an increase in tax revenues, even as...
-- 2020-06-13 12:03:29
The revenue of China's trust industry maintained rapid growth while its scale continued to fall during the first quarter of the year, according to a report from the China Trustee Association. The cou...
OUR CORRESPONDENT 2020-06-13 11:09:29
Honesty, transparency and skill will be necessary in implementing the proposed national annual budget. Chittagram Chamber of Commerce and Industry (CCCI) President Mahbubul Alam made the remarks in h...
FE REPORT 2020-06-13 10:46:31
Finance minister AHM Mustafa Kamal has said "expansion of tax net" and "easy and simple tax-filing system" would be the two main tools to boost tax revenue earnings in the next fiscal. "Earlier, ther...
FE REPORT 2020-06-13 10:37:33
Dhaka Stock Exchange (DSE) has welcomed the proposed budget for fiscal year (FY) 2020-21 as 'business-friendly'. The main bourse has expressed its gratitude to Prime Minister Sheikh Hasina and Financ...
FE REPORT 2020-06-13 10:35:52
Accountants have advocated financing the deficit in the budget for fiscal year 2020-21 from the money so that credit to the private sector cannot be squeezed. "We expect that government will finance...
FE REPORT 2020-06-13 10:27:24
Hailing the proposed national budget, women entrepreneurs on Friday sought some measures like a rise in income tax threshold limit amid challenges in coronavirus pandemic to make it women-friendly. B...
FE Report 2020-06-13 10:25:28
The government has exempted value added tax (VAT) on sales of newspapers, books, magazines, government gazettes and other publications. In the Finance Bill-2020, the finance minister has offered an...
FE REPORT 2020-06-13 10:08:06
Finance minister AHM Mustafa Kamal has said the industrial protection measures proposed in the newly announced budget will attract more private investment from home and abroad. "The higher banking...
Mir Mostafizur Rahaman 2020-06-13 10:04:06
The government looks to reduce the current expenditure in terms of percentage of the total outlay in the next three fiscal years as per the 'medium-term macroeconomic outlook' presented by Finance M...
FE Report 2020-06-13 09:47:14
The proposed budget for the financial year 2020-21 is yet to make any impact on the essential commodity market, taking into consideration its imposition or withdrawal of taxes on many items. The bu...
FE DESK REPORT 2020-06-13 09:42:45
The Foreign Investors' Chamber of Commerce & Industry (FICCI) felt GDP growth target of 8.2 per cent would be highly challenging. considering the Covid-19 pandemic and the continuing uncertainty...
FE DESK REPORT 2020-06-13 09:39:00
Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) congratulated Finance Minister A H M Mustafa Kamal for presenting his second national budget before the Jatiya Sangsad on Thursday for the f...
FE REPORT 2020-06-13 09:35:42
Finance minister AHM Mustafa Kamal on Friday said the government did not think about sources of funds for budget, because it proritised saving lives, amid the pandemic. "… Lives must be saved....
FE Online Report 2020-06-12 21:02:56
Garment accessories makers have urged the government to provide them with equal budgetary facilities as proposed for the readymade garment (RMG) sector. Bangladesh Garments Accessories and Packaging...
-- 2020-06-12 19:54:09
Finance Minister AHM Mustafa Kamal has said the government did not think about the source of funds for the FY21 budget because saving lives was the top priority amid the coronavirus pandemic. “...
FE Online Report 2020-06-12 17:59:53
Mega projects, including the fast track projects, are likely to face slow progress during upcoming fiscal year 2020-21 as the implementing ministries and agencies were proposed to get lower allocation...
-- 2020-06-12 16:49:43
Implementation of the ‘loan dependent’ budget for 2020-21 fiscal year will be a big challenge for the government as the collection of revenue has shrunk amid the coronavirus pandemic. The...
FE Online Desk 2020-06-12 16:49:04
BUILD, a leading think tank said in order to give a clear signal to the global community and the local and foreign investors, the government should immediately prepare a COVID-19 Recovery Plan a...
FE Online Desk 2020-06-12 16:21:17
The Institute of Chartered Accountants of Bangladesh (ICAB) Thursday hailed the government for announcing a 'business-friendly budget' which will help overcome the current pandemic. "We wo...
FE ONLINE DESK 2020-06-12 16:20:30
As Bangladesh keeps recording an accelerating number of confirmed cases of Covid-19, Unnayan Onneshan (UO), in a budget analysis on Friday, opined that the government should enforce a lockdown, advoca...
REUTERS 2020-06-12 15:14:57
Japan’s economy appears to have hit bottom and is eyeing a recovery from the damage caused by the coronavirus pandemic, its finance minister said, underscoring cautious optimism spreading among...
FE ONLINE REPORT 2020-06-12 14:04:52
The Centre For Policy Dialogue (CPD), in its budget reaction on Friday, said the proposed budget for the fiscal year 2020-21 (FY21) has largely ignored the impacts of the Covid-19 pandemic. “We...
REUTERS 2020-06-12 13:55:19
A month into efforts to broadly reopen the US economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed mo...
FE REPORT 2020-06-12 12:53:02
The government's payment of interest on account of servicing its debts, both domestic and foreign, has marked a significant rise in the proposed budget for fiscal year 2020-21. A total of Tk 637.99 b...
FE Report 2020-06-12 12:48:51
The just-unveiled budget is likely to exacerbate the public sufferings of a worsening Covid-19 situation, the Centre for Policy Dialogue (CPD) said. Distinguished Fellow Professor Mustafizur Rahman s...
FE REPORT 2020-06-12 11:59:46
The government will go for hefty borrowing from the banking system to partly finance budget deficit for the fiscal year 2020-2021. Its bank borrowing is set to climb 79 per to Tk 849.80 billion for t...
FE REPORT 2020-06-12 11:47:48
The government has allocated Tk 395 billion (Tk39,573 crore) for local government and rural development (LGRD}ministry in the proposed budget offiscal year (FY) 2020-21 with huge plans to expand urban...
FE REPORT 2020-06-12 11:41:00
The budget for next fiscal year (FY) proposed to substantially increase allocation of subsidy and incentives to TK 386.88 billion, much of which is aimed at offsetting the shock of Covid-19 pandemic...
SHAMSUL HUQ ZAHID 2020-06-12 11:37:32
Finance Minister AHM Mustafa Kamal tabled the budget proposals for the financial year (FY) 2020-21 in parliament on Thursday as the Covid pandemic continued to wreak havoc on life and economy. His bu...
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