The prices of essential commodities will go up typically after the annual national budget is announced, two-thirds of the respondents of a recent survey on the impact of national budget on the public life, particularly on the poor and extreme poor communities thought.
Read More »National Budget FY2019-20: first impressions
The annual national budget is the most important government statement of its socio-economic policy for the coming year. The FY2019-20 budget is the last budget for the implementation of the 7th Five-Year Plan (FYP). It is also the first budget for the new government elected in 2018 and provides an …
Read More »Most economists expect Fed to cut rates, survey says
The Wall Street Journal reported Thursday that more than three quarters of the economists polled by the newspaper expected the US Federal Reserve to cut interest rates.
Read More »Number of TIN holders exceeds four million
The number of total Tax Identification Number (TIN) holders in the country is now 40,37,429 (over 4.037 million).
Read More »Bangladesh received $15.06b remittance till May in FY19
Bangladeshi expatriates have remitted US$15.06 billion till May in the current fiscal 2018-19, which is $1,462 million higher than same period of the last fiscal.
Read More »‘Default loan in Bangladesh now over Tk 1.02 trillion’
The number of total loan defaulters in the country is now 170,390 and total amount of defaulted loans is over Tk 1.02 trillion (Tk 102,315.19 crore).
Read More »Indonesia central bank likely to hold key rate: Reuters poll
Bank Indonesia (BI), the central bank of the country, is expected to keep its benchmark interest rate steady at a policy review on Thursday, a Reuters poll showed.
Read More »Indonesia plans more tax breaks to lift GDP growth: FinMin
Indonesia plans to cut several different taxes to boost investment and accelerate economic growth, its finance minister said on Wednesday.
Read More »IMF seeks clarification of ‘wilful defaulters’
The International Monetary Fund (IMF) has expressed interest to know about the definition of wilful loan defaulters, which will be used for identifying them legally.
Read More »SoEs on track to rack up Tk 56b losses next fiscal
The government said state-owned enterprises (SoEs) will incur a loss of Tk 56.7 billion in the next fiscal year, accentuated by rising price of fuel in the international market.
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