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Finance-Minister

Govt to strike new loan deal with IMF
Govt to strike new loan deal with IMF
Finance Minister Amir Khosru Mahmud Chowdhury has said the government is contemplating striking a loan deal with the IMF that could be deemed pro-people."Our main concern is not obtaining loan money, but rather protecting the country's interests. The government will enter into a new program with the International Monetary Fund (IMF) only after ensuring the interests of the people and the country's economic security. We will not participate in any program that undermines the interests of the peop...
Economy•12 July 2026
Finance Minister directs BPPA to lessen public procurement lead time further
Finance Minister directs BPPA to lessen public procurement lead time further
Finance and Planning Minister Amir Khosru Mahmud Chowdhury has directed the Bangladesh Public Procurement Authority (BPPA) to take effective measures to further lessen procurement lead times for government purchases.He issued the directive while chairing the fourth meeting of the BPPA Board of Directors at the authority's conference room in Sher-e-Bangla Nagar, Dhaka, on Thursday. The meeting was attended by State Minister for Planning Jonaed Abdur Rahim Saki, Implementation Monitoring and Evalu...
Economy•09 July 2026
Allocations Increase for Power, Energy Sectors
Allocations Increase for Power, Energy Sectors
In the proposed budget for the upcoming 2026-27 fiscal year presented to the National Parliament, a total allocation of Tk 17,345 crore has been proposed for the power and energy sector. In the recently concluded 2025-26 fiscal year, the allocation for this sector was Tk 16,952 crore; meaning the al...
Bangladesh•11 June 2026
No Excise Duty on Bank Deposits Up to Tk 4 Lakh
No Excise Duty on Bank Deposits Up to Tk 4 Lakh
The government will not collect excise duty on bank deposits up to Tk 4 lakh. Currently, the government collects excise duty annually on the maximum deposit or balance in a bank account. Under the existing rules, if the balance in any bank account exceeds Tk 3 lakh at any time during the year, this...
Business•11 June 2026
Key Priorities of 2026-27 Budget
Key Priorities of 2026-27 Budget
The budget for the 2026-27 fiscal year places the highest priority on maintaining the country's economic stability and restoring public relief. In particular, this budget reflects special strategies aimed at controlling inflation, easing pressure on reserves, and eliminating the revenue deficit.Fina...
Bangladesh•11 June 2026
Cabinet Approves Budget
Cabinet Approves Budget
The cabinet of the PM Tarique Rahman's government has approved a budget of 9 lakh 38 thousand crore taka for the new fiscal year.The budget for the 2026-27 fiscal year was approved today, Thursday, during a cabinet meeting chaired by Prime Minister Tarique Rahman at the parliament building's cabinet...
Bangladesh•11 June 2026
Tk 42,600 Crore Subsidy Pressure on Four Key Sectors
Tk 42,600 Crore Subsidy Pressure on Four Key Sectors
Bangladesh may need to provide an additional Tk 42,600 crore in subsidies for oil, gas, electricity, and fertilizer sectors in the outgoing 2025-26 fiscal year due to ongoing conflicts and volatility in the global energy market, Finance Minister Amir Khasru Mahmud Chowdhury told Parliament. H...
Business•09 June 2026
No money printed for circulation
No money printed for circulation
The government has not printed and released new money into the market despite deep economic crisis, Finance Minister Amir Khasru Mahmud Chowdhury said, adding that the Ways and Means Advances stood at Tk 17,590 crore on the day the government took office and fell to Tk 11,103 crore by April 22....
Business•25 April 2026