fbpx

The National Budget for 2019-20 marks the final year of the 7th five-year plan and heavily focuses on infrastructure development of the country. The budget exudes high optimism with an 8.2% targeted GDP growth amid sluggish domestic credit environment and a stagnant private sector. We believe the budget for FY 2019-20 is ambitious considering an optimistic revenue target and policy contradictions.

Read the full report here.

Categories: Economy

Related Posts

Economy

Monthly report, October 2019

After three years of negative balance, the current account has returned to a green zone riding on greater negative growth in import compared to export along with additional support from higher inflow of remittance, backed Read more…

Economy

Top fund manager buys Tk 500 million stake in bdnews24.com

In another first, bdnews24.com has secured the single biggest institutional investment for a digital media company in Bangladesh with a major fund manager putting faith in the nation’s top news publisher. LR Global Bangladesh, an affiliate of Read more…

Economy

Lodge stock complaints online – BSEC platform goes live tomorrow

Investors will be able to file stock market-related complaints online on the Bangladesh Securities and Exchange Commission’s (BSEC) website from tomorrow, a move aimed at expediting its redress mechanism. To open on a separate window, Read more…