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Bangladesh unveils Tk 6 trillion budget to ride out pandemic headwinds

Bangladesh allocates Tk 100bn for emergency response to pandemic

  Staff Correspondent,  bdnews24.com Published: 03 Jun 2021 03:32 PM BdST Updated: 03 Jun 2021 03:32 PM BdST A health worker taking a swab sample from a woman for COVID-19 test at a booth run by the Directorate General of Health Services and BRAC at the Islamic Foundation in Dhaka’s Agargaon on Monday, May 31, 2021. Photo: Asif Mahmud Ove Bangladesh plans to set aside Tk 100 billion in the coming fiscal year to meet expenses related to unanticipated emergencies due to the COVID-19 pandemic. ); } The amount is consistent with that of the current fiscal year’s budget, but needs to be maintained because the coronavirus continues to ravage the world, said Finance Minister AHM Mustafa Kamal during his proposal of the fiscal 2021-22 budget on Thursday.

Bangladesh companies to enjoy deep tax cuts in the year ahead

Bangladesh targets 5 3% inflation in FY22

  Staff Correspondent,  bdnews24.com Published: 03 Jun 2021 03:46 PM BdST Updated: 03 Jun 2021 03:46 PM BdST Stores and shopping malls at Mirpur-1 reopen in the lockdown on April 25, 2021 as the government lifts pandemic restrictions on them. Photo: Asif Mahmud Ove Bangladesh aims to keep the average inflation rate at 5.3 percent in fiscal 2021-22 as part of the efforts to prevent a price spiral amid the coronavirus pandemic. ); } The inflation target was set out in the proposed budget for FY22 tabled by Finance Minister AHM Mustafa Kamal in parliament on Thursday. The inflation rate, a key economic indicator, was capped at 5.4 percent in the current fiscal year.

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