Finance News: Latest Financial News, Finance News today in Bangladesh

Allocations for education sector elevated to 2.0pc of GDP

The proposed budget for FY 2026-27 has seen a substantial increase in the allocations for the education sector.The Finance and Planning has proposed Tk 1,366.06 billion worth of allocation for the sector for the next budget compared to Tk 872.06 billion in the current fiscal's revised budget. (2025-26). The proposed...

Budget prioritises RMG competitiveness, export diversification ahead of LDC graduation

The proposed national budget for FY 2026-27 has placed strong emphasis on safeguarding the competitiveness of Bangladesh's ready-made garment (RMG) and textile sectors in the post-LDC era through a range of investment promotion, trade facilitation and industrialisation measures aimed at sustaining export growth.Presenting the budget in parliament on Thursday, Finance...

Climate Change Trust Fund gets an allocation of Tk 1.0b

The proposed budget has kept an allocation of Tk 22.4 billion for the Ministry of Environment, Forest and Climate Change along with Tk 1.0 billion for the Bangladesh Climate Change Trust Fund (BCCTF) in line with the government's commitment to environmental protection, climate resilience and sustainable development."Tackling climate change and...

Agri, food security allocation remains largely unchanged at 4.65pc of budget outlay

The national budget for fiscal year 2026-27 has kept the allocation for agriculture, fisheries, livestock and food security largely unchanged as a share of total expenditure, despite an increase in nominal terms and a sharp rise in development spending for the agriculture sector.The government proposed an allocation of Tk 433.35...

Big rise in social safety nets, inclusive protection

The government has proposed an allocation of Tk1.44 trillion, equivalent to 15.4 per cent of the total budget outlay for the fiscal year 2026-27 (FY'27), for social safety net, protection programmes and inclusive development initiatives.The allocation marks an increase of Tk180billion compared to the outgoing fiscal year.Experts observed that the...

Govt plans 4 new EPZs to boost jobs, regional industrialisation

The government has announced plans to establish four new export processing zones (EPZs) as part of its strategy to promote balanced regional industrialisation, attract investment and create large-scale employment opportunities across the country.Presenting the national budget for FY2026-27 in Parliament on Thursday, Finance Minister Amir Khosru Mahmud Chowdhury said work...

Tk 5.0b allocation proposed for IT sector

Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Thursday proposed an allocation of Tk 5.0 billion to boost the information technology sector and spur grassroots entrepreneurship in the upcoming fiscal year."Considering the potential of information technology, I propose an allocation of Tk 500 crore (Tk 5.0 billion) in the...

Health allocation doubles, exceeds 1.0pc of GDP

The proposed national budget for fiscal year (FY) 2026-27 has more than doubled the allocation for the health sector to Tk 694.09 billion, taking the sector's share above 1.0 per cent of the country's gross domestic product (GDP) for the first time.Finance Minister Amir Khosru Mahmud Chowdhury proposed an allocation...

Budget unveils 3R Strategy for rebuilding economy spurring investment

A 3R Strategy is unveiled in the new budget as government instrument to rebuild the country's shattered economy and spur sagging investment through restoring private-sector confidence. The three-phased tactics called 3R Strategy stand for Recovery & Stabilisation, Restoration, and Reconstruction for Acceleration. Finance Minister Amir Khosru Mahmud Chowdhury shared this...

e-loan up to Tk 50,000 proposed

The government has proposed the introduction of a fully digital e-loan that will allow individuals to obtain up to Tk 50,000 through an online process, aiming to improve access to finance and expand financial inclusion.Finance Minister Amir Khosru Mahmud Chowdhury unveiled the proposal while presenting the national budget for fiscal...

Govt proposes scrapping Tk 300 SIM tax, imposes 15pc VAT on SIM supply price

The government has proposed abolishing the longstanding Tk 300 tax on mobile SIM cards while introducing a 15 per cent value-added tax (VAT) on the supply price of SIMs and e-SIMs in the national budget for fiscal year 2026-27.Presenting the budget in parliament on Thursday, Finance Minister Amir Khosru Mahmud...

Tk 3.0b earmarked for creative economy sector

The government has proposed an initial allocation of Tk 3.0 billion for the development of the creative economy sector in fiscal year 2026-27, while an additional Tk 5.0 billion will be mobilised from the Corporate Social Responsibility (CSR) fund of Bangladesh Bank.Placing the national budget in parliament on Thursday, Finance...

Budget seeks tax cuts on gold

The budget for the fiscal year 2026-27 proposes reducing the tax at source on the supply of gold and gold jewellery from 5 per cent to 0.5 per cent.While presenting the budget for the fiscal year 2026-27 on Thursday, Finance Minister Amir Khosru Mahmud Chowdhury also said steps will be...

EV push gains momentum as budget seeks higher levies on petrol, diesel vehicles

The government has proposed several fiscal changes in the 2026-27 budget to discourage the use of petrol, diesel, or CNG-powered vehicles and accelerate the adoption of electric vehicles (EVs).The budget framework plans to raise the overall tax incidence on internal combustion engine vehicles by roughly 23 per cent, while offering...