Bangladesh budget 2019-20 | Page 3 | The Daily Star
  • Mega but slow

    In 2010, the government decided to construct a 128-kilometre (km) metre gauge rail track to link Chattogram with tourist town Cox’s Bazar at a cost of Tk 1,852.35 crore.

  • mobile phone price rise

    Mobile phone calls may get costlier

    Mobile phone services are likely to become costlier from today due to increased taxes. The National Board of Revenue sent a regulatory order to the mobile carries to increase the supplementary duty (SD) to 10 percent from 5 from midnight yesterday.

  • vat

    New VAT Regime New concern for consumers

    Shifting from its initial plan to slap a uniform rate, the government has finally proposed four rates of Value Added Tax to please businesspeople and take them on board to implement the new VAT law from the next fiscal year.



  • Devalue Taka to help garment exporters

    The government should support the garment exporters by devaluing taka against US dollar instead of giving them direct cash incentives, two economists said yesterday.

  • Smoking gets costlier

    The government has significantly raised the prices of tobacco products to curb consumption.

  • Bangladesh banking sector

    PLEDGES there, ‘HOW’ missing

    Rejaul Karim, a college teacher by profession, took a personal loan of Tk 6 lakh at 9.50 percent interest from a private commercial bank in 2015 to tackle some family emergencies.

  • Agriculture, fragile banking sector lack desired attention from budget

    The proposed budget is an ambitious one. We expect clear guidelines and plans from the government how this budget is going to be implemented, given the fact that weak implementation of budget has become a norm in recent years. It is important to highlight how the performance of different ministries will be improved to implement this proposed budget.

  • Price of tobacco products to increase

    The government has significantly raised the price of tobacco products, including cigarette and bidi, which is a major public health concern in Bangladesh, in a bid to restraint tobacco consumption and surge revenue collection.

  • KAS Murshid

    Overall stance remains pro-growth

    It has become a tradition for the budget to be increased every year by 17-18 percent so this year, there was no reason to expect this to change. Generally, Bangladesh’s budget has maintained a sectoral balance in its stance, giving priority to education, agriculture, infrastructure and social sector expenditures.