Govt turns to loans on stringent terms
Govt turns to loans on stringent terms

The government has turned to high-cost foreign borrowing to manage mounting fiscal pressure as revenue shortfalls widen and spending continues to rise. Officials say the government struggles to balance the current budget while meeting political commitments and absorbing higher fuel costs. It...

Govt losing Tk3,500 crore annually from transport sector
Govt losing Tk3,500 crore annually from transport sector

The government is losing a significant amount of revenue every year from the countrys transport sector. At present, annual revenue from five major segmentsmotorcycles, three-wheelers, buses and minibuses, trucks and covered vans, and private carsstands at Tk3,983 crore. However, if the existing...

FY27 budget under fiscal strain
FY27 budget under fiscal strain

Amid mounting economic pressure, a widening revenue deficit and tightening conditions from international lenders, the government is preparing an ambitious national budget for the 202627 fiscal year. Initial projections from the Finance Division put the proposed budget at around Tk9,30,000 crore,...