RADP cut can spare health & education
That the Revised Annual Development Programme (RADP) will have changes in the original allocations for different sectors of the economy is nothing unusual. But what is unexpected is the drastic cuts effected in the allocations for the health and education sectors under the present interim government. For, unlike it was...
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Boosting NBR's tax collection capability
The revenue authorities as usual failed to reach their tax collection target in the first half of the current fiscal year. According to a report carried in the FE, tax collection during the period since July 2024 till February 16, 2025 declined 1.53 per cent despite extension of the tax...
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NGOs must explore new funding options
Bangladesh's development sector has relied heavily on foreign aid for years, but recent events have exposed the dangers of this dependence. The United States and Switzerland, two of the country's major donors-have cut back their funding, leaving NGOs scrambling. The US alone provided $550 million in aid in 2023, but...
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Digital currency: Threat or opportunity?
The global financial landscape is undergoing a profound transformation with the advent of digital currencies, particularly cryptocurrencies and Central Bank Digital Currencies (CBDCs). While cryptocurrencies like Bitcoin offers scope for decentralisation and financial autonomy, they also present regulatory challenges and volatility concerns. In contrast, CBDCs-government-backed digital currencies-offer stability but raise...
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