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Finance ministers highlight fiscal, sustainability pressures at Climate Adaptation Summit

BSS Photo: Bangla Tribune The Vulnerable 20 Group of Finance Ministers (V20) yesterday highlighted mounting pressures to their economies amidst growing costs from worsening climate disasters and the Covid-19 pandemic during the inaugural of Global Climate Adaptation Summit. The V20 is seeking support for new climate investments to exceed the low-bar $100

GDP growth to be 7.4pc this FY, says PM

Photo: bdnews24 Prime Minister Sheikh Hasina while addressing to the nation recently said, country's GDP grew by 5.24 per cent in the last fiscal year. According to government's estimate, the GDP growth will be 7.4 per cent this fiscal year. In June, Finance Minister AHM Mustafa Kamal aimed

Govt to pay Tk 2,256.7bn as loan interest

UNB, Dhaka The government will pay an estimated Tk 2,256.7 billion as interest on loans in the next three fiscals including the current one. Of the amount, Tk 638 billion will be paid in 2020-21, Tk 748.9 billion in 2021-22 and Tk 869.8 billion in 2022-23. An official document showed that the

ADB expects Bangladesh’s GDP to grow by 7.5 in FY2021

The Asian Development Bank (ADB) said, it expects gross domestic product (GDP) of the country to grow by 4.5% in fiscal year 2020 and by 7.5% in 2021. ADB made this growth forecast in its latest report of Asian Development Outlook (ADO) 2020 Supplement on Thursday, reports UNB. For the effect of

Mobile phone use might get costlier

Direct tax on mobile phone use 15% VAT imposed on FY16 3% supplementary duty imposed on FY16 1% surcharge imposed on FY15 SD increased in FY20 The cost of talking on mobile phone may increase from this month as the supplementary duty on phone talks likely to be increased in next budget. This