The current challenges are over reining in inflation, increasing foreign exchange reserves, remittance inflows, expanding and diversifying exports and their destinations, and developing human resources, said FBCCI President Mahbubul Alam.
The forthcoming budget, scheduled for unveiling in June, outlines a GDP growth projection of 6.75% and targets a 6.5% inflation rate, which is ambitious, especially considering the current inflation rate, which remains slightly below 10%
The government plans to design a Tk 7,96,900 crore outlay in the new budget with a focus on tight spending policy as economic headwinds are expected to persist in the next fiscal year.
Top economists of the country advised the government against an expansionary budget for next FY25, citing external and internal economic stresses. They also suggested prioritizing macroeconomic stability over growth and taking effective measures to achieve it. The economists.
Trading Corporation of Bangladesh (TCB) will procure 11 million litres of edible oil and 10,000 tons of lentils to sell through its open market sale (OMS) program. Cabinet Committee on Government Purchase (CCGP) approved two separate proposals in this regard in a meeting on.