Related News - Finance Minister

Related News - Finance Minister

Pakistan’s finance minister declares to resign

Pakistan’s finance minister Miftah Ismail said on Sunday he planned to formally resign from the role, a change that comes as the country grapples with an economic crisis exacerbated by destructive flooding.

12:20 26 September 2022

ADB lending $2 billion to Bangladesh

In the current fiscal year 2022-23, the Asian Development Bank (ADB) will provide about $2 billion in loan assistance to Bangladesh. This money will be spent on government development projects.

18:56 20 September 2022

Govt to purchase 1.25cr liters of soybean oil

The meeting of the Cabinet Committee on Government Purchase (CCGP) today has approved the proposal to purchase 1 crore 25 lakh liters of soybean oil.

16:31 17 August 2022

We can give loans again: Finance Minister

Finance Minister AHM Mustafa Kamal today said we will be able to give loans again after some days, then the country will have no debt.

18:40 27 July 2022

Urgent projects to be implemented first: Finance Minister

Finance Minister AHM Mustafa Kamal said only those projects which need to be done at the moment will be implemented. The rest will be halted for the time being.

14:09 22 July 2022

Abolition of chance to launder black money proposed

Due to the non-investment of undisclosed funds, as expected, there is no opportunity to launder black money in the proposed budget for the 2022-23 fiscal year. 

21:42 9 June 2022

FY23: Per capita income will be $3,007

In the proposed budget for the fiscal year 2022-23, the per capita income of the people of the country has been fixed at $3,007, which is $183 more than before.

20:56 9 June 2022

This year’s budget pro-people, business-friendly: Quader

Finance Minister AHM Mustafa Kamal has presented the national budget of Tk 6,78,064 crore for the 2022-23 fiscal year in the parliament. Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader termed this budget as a “pro-poor and business-friendly and pro-people budget”.

20:29 9 June 2022

Tk 36,863cr proposed for health sector

Considering the health sector as a priority, Finance Minister AHM Mustafa Kamal today proposed an allocation of Tk 36,863 crore for the Health and Family Welfare sector in the next fiscal year 2022-2023 which was Tk 32,731 crore in the fiscal year 2021-2022.

20:19 9 June 2022

Govt to introduce digital currency

The government is considering introducing digital currency in the country through Bangladesh Bank as an alternative to the risky use of virtual currencies like cryptocurrency. A feasibility study will be conducted in this regard, said Finance Minister AHM Mustafa Kamal today.

20:10 9 June 2022

Budget FY23: Prices up, prices down

In the budget for the next 2022-23 fiscal year, Finance Minister AHM Mustafa Kamal has proposed to impose duty and VAT on various types of products as well as exemption of duty and VAT in the public interest or for the protection of domestic industries.

19:50 9 June 2022

Tk 81,448cr proposed for education in FY23

Finance Minister AHM Mustafa Kamal today proposed an allocation of Tk 81,448 crore for the education sector in the national budget for the 2022-23 fiscal year (FY), which was Tk 69,643 crore in the revised budget for FY 2021-22.

18:42 9 June 2022

Around Tk 40,000cr allocated in secondary and higher education

Finance Minister AHM Mustafa Kamal today proposed an allocation of Tk 39,981 crore for the secondary and higher education sector in the 2022-2023 fiscal year.

17:43 9 June 2022

GDP growth in FY23 expected at 7.5%

The GDP growth rate has been targeted to be 7.5 percent for the next fiscal year (2022-2023) considering the lagged effects of the COVID-19 and the protracted crisis arising from the Russia-Ukraine conflict. 

16:51 9 June 2022

Inflation target set at 5.6pc

Finance Minister AHM Mustafa Kamal today presented a national budget of Tk 678,064 crore for the 2022-23 fiscal year. In the proposed budget, the inflation target has been set at 5.5 percent.

16:09 9 June 2022

Finance Minister proposes to legalize smuggled money

Finance Minister AHM Mustafa Kamal has started presenting the proposed budget for the next fiscal year in the Jatiya Sangsad. In the budget, he proposed to legalize the money smuggled from the country in various ways.

15:57 9 June 2022

Finance Minister presenting budget worth Tk 6,78,064cr

Finance Minister AHM Mustafa Kamal has started presenting the proposed budget for the next fiscal year in the Jatiya Sangsad. The size of the proposed budget for the 2022-23 fiscal year is Tk 678,064 crore. 

15:31 9 June 2022

All foreign trips by government officials banned, circular issued

The Finance Division of the Ministry of Finance has issued a circular banning foreign travel on the occasion of all types of travel, seminars and workshops of government officials.

18:30 12 May 2022

VAT on edible oil, sugar, chickpeas revoked: Finance Minister

Finance Minister AHM Mustafa Kamal today said it has been decided to remove VAT on edible oil, sugar and chickpeas to keep the prices of essential commodities at a tolerable level.

14:33 10 March 2022

Insurance companies assets worth Tk 60,000cr: Finance Minister

Finance Minister AHM Mustafa Kamal today said that the assets of the country’s insurance companies are worth Tk 60,000 crores. From 2009 to 2021, the growth of life insurance companies in the country “quadrupled”. The growth of general insurance companies has “tripled”.

13:28 1 March 2022

Pension for all after 18yrs: Finance Minister

The government is going to introduce a universal pension system for citizens between the ages of 18 and 50, said Finance Minister AHM Mustafa Kamal.

15:36 23 February 2022

Dollar prices unlikely to rise much: Finance Minister

Finance Minister AHM Mustafa Kamal today said that even if the dollar prices fluctuate in the market, it is not likely to increase much.

16:28 12 January 2022