35.1 C
Delhi
Thursday, March 28, 2024

B’Desh finance minister unveils TK 7.61 lakh crore budget

Date:

Share post:

Donate-GC-Razorpay

Dhaka: Bangladesh Finance Minister AHM Mustafa Kamal has unveiled the proposed national budget of Tk 7,61,785 crore for the 2023-24 fiscal year at Jatiya Sangsad.

He placed the budget on Thursday afternoon. It is his fifth budget, Independent Bangladesh’s 52nd, and Awami League’s 15th in its three tenures.

Earlier, the proposed budget was approved in the meeting of the Cabinet Division at the parliament with Prime Minister Sheikh Hasina in the chair.

The budget, which is Tk 1,01,278 crore more than that of the current amended one, mainly aimed to contain inflation and maintain the pace of high GDP growth.

Prices of some products and services may increase and some others may be cheaper as the finance minister proposed to raise and reduce duties or VAT on those.

Prices up

The products and services which may be costlier include pens, facial tissues, toilet tissues, cement, cashew nuts, Basmati rice, spectacles, LPG cylinder, plastic products, aluminum products, cigarettes, dates, foreign tiles, and mobile phones.

Prices down

The products and services which may be cheaper include sweet, diabetes-cancer-tuberculosis drugs, handmade biscuit-cake, animal food, blender-pressure cooker-juicer, e-commerce delivery charges, helicopter lease, container, sanitary napkin-diaper, LED bulb and switch-socket, and optical fiber.

Related articles

Yediyurappa says Pralhad Joshi had no role in his removal from CM’s post

Bengaluru: Veteran BJP leader BS Yediyurappa has clarified that Union Minister Pralhad Joshi had no role in his...

Jal Jeevan Mission complete failure in Kerala: Rajeev Chandrasekhar

Thiruvananthapuram: Kerala government failed to implement the Jal Jeevan Mission as it could provide piped water connections to...

India, China discuss border disengagement: EAM

New Delhi: India and China exchanged views on achieving complete disengagement and resolving the remaining issues along the...

Encourage fair, transparent & legal process: US on Kejriwal’s arrest

New Delhi: United States reiterated its call for fair, transparent, and timely legal processes a day after India...