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May 29, 2023

Bangladesh open to buying more Russian oil

Bangladesh will continue to buy Russian oil if it’s offered at an affordable price despite concerns about antagonizing the West as the South Asian country looks to secure energy supplies, Prime Minister Sheikh Hasina said last week.Commodity prices, i…

Govt. allocates Rs 31 billion for east-west highway expansion

Finance Minister Dr Prakash Sharan Mahat has said the work of expansion of the four-lane east-west highway would be expedited.Presenting the annual budget for the coming fiscal year 2080/81 in the joint meeting of the federal parliament today, Finance…

Financial Bill tabled in House of Representatives

The Finance Bill 2080 was tabled in the meeting of the House of Representatives today.Finance Minister Dr Prakash Sharan Mahat presented the bill in today’s second meeting of the House of Representatives.Earlier Dr Mahat presented the budget for the f…

Govt. aims at 6 per cent economic growth

The government has set a target of achieving 6 per cent economic growth rate in the next fiscal year 2080/81. Further, it aims to limit inflation to below 6.5 per cent.Presenting the budget statement in Parliament today, Finance Minister Dr Prakash Sh…

This budget cannot address current economic crisis: Chair Oli

The main opposition party, CPN (UML), has commented that the budget presented today by the government for coming fiscal year would not be able to address the current economic crisis.Sharing his preliminary comments on the budget for coming fiscal year…

Finance sector development strategy to be prepared

The government has said second phase of finance sector development strategy would be prepared in the coming fiscal year and brought into implementation.The budget has incorporated various issues including further strengthening government owned banks a…

Budget of 1751.31 billion presented

The government has tabled a budget of Rs 1751.31 billion for the financial year 2080/81. Out of the total allocation, Rs 1141.78 billion rupees or 65.20 percent is for current expenditure, 302 billion rupees i.e. 17.25 percent for capital expenditure,…

Nat’l interest at centre in India visit, PM says

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that he is visiting India by keeping the national interests at the centre.Informing the Federal Parliament today about his India visit, PM Prachanda shared that bilateral meetings, important agree…

3 testify in graft case against Tarique-Zubaida

Three bank officials today testified in a graft case filed against BNP acting chairman Tarique Rahman and his wife Zubaida Rahman.SM Musa Karim, Obaidur Rashid and Emran Ahmed submitted their depositions at the court of Dhaka Metropolitan Senior Speci…

Eight to die for killing BCL leader in Lakshmipur

A court here today sentenced eight people to death in a case filed over killing Mehedi Hasan Jasim, leader of Bangladesh Chhatra League (BCL) of the district, in 2013.Lakshmipur Additional District and Sessions Judges Court Judge Amina Farhin pronou…

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