In its assessment of the proposed national budget for fiscal 2014-15, Unnayan Onneshan , an independent multidisciplinary think-tank, has said that the government’s fiscal measures may fall short to accelerate the economy to achieve the targeted 7.3 percent GDP growth.
Finance Minister AMA Muhith on Thursday placed in Parliament the Tk 250,506 crore national budget eying 7.3 percent GDP growth with a high hope that this budget will provide necessary guidelines for accomplishing the planned activities of the government.
Stating that the budget is ‘long on targets, short on realities’ in achieving goals, the Unnayan Onneshan said that the share of investment to GDP needs to rise at 34.24 percent in FY 2014-15 in order to achieve the proposed rate of growth of 7.3 percent if the incr...
China is expecting a positive outcome on its discussions with Bangladesh during Prime Minister Sheikh Hasina’s China visit over a deep seaport at Sonadia in Cox’s Bazar, said its Ambassador Li Jun here on Thursday.
“We’re expecting a positive outcome,” he told a select group of reporters at his office prior to his departure for Beijing mentioning that negotiation is still going on the matter.
Responding to a question, Li Jun said China is open for consortium to build the deep seaport and open to countries and companies, including India for...
Bangladesh's grain imports are likely to rise 22 percent to 1.1 million tonnes in the financial year beginning in July, the head of the state grains buyer said on Wednesday.
The state grains purchasing agency will import 900,000 tonnes of wheat and 200,000 tonnes of rice in the 2014/15 year to ensure food security, said Ahmed Hossain Khan at the Directorate General of Food.
In addition, the government will procure 1.5 million tonnes of rice locally.
"This target has been set for the coming fiscal year but it may be changed depending on the food situatio...
Bangladesh has been elected a deputy member of the governing body of the International Labour Organization (ILO) for the period of 2014-2017 after a gap of three years.
The election is the recognition of Bangladesh\’s close working relations with the ILO, which has been further intensified in the
aftermath of the Rana Plaza tragedy towards far-reaching labour sector reform, especially in the RMG sector, reports BSS.
ILO is providing technical assistance to Bangladesh under its flagship Better Work Programme, aimed at further promoting collective bargainin...
Former editor of vernacular Daily Bhorer Kagoj and veteran journalist Benzir Ahmed passed away early today while undergoing treatment at a city hospital. He was 68.
Benazir had been suffering from various diseases, including heart ailment, said his brother-in-law Sayed Uddin Mahmud.
Benazir’s body has been kept at Birdem Hospital mortuary, reports UNB.
His first Namaz-e-Janaza will be held on Bhorer Kagoj premises at 10:00am and second janaza at the Jatiya Press Club.
Later, he will be buried at Banani ...
The Jatiya Sangsad goes into the budget session at 5 this afternoon. President Abdul Hamid on May 18 summoned the 2
nd session of the 10
th parliament as per Article 72 (1) of the Constitution.
The maiden session of the 10
th parliament took place between January 29 and April 10.
Finance Minister AMA Muhith will place the national budget for fiscal year 2014-15 (FY15) at the parliament on June 5.
It will be the first national budget of the Awami League government after returning to power for the second consecutive term through its victory on January 5 parliament polls, BSS reports.
