Tag Archives: national budget

Tk 4.64 trillion budget approved for FY19

approved

MNA Business Desk: The cabinet approved the national budget of around Tk 4.64 trillion for the fiscal year 2018-19 on Thursday afternoon, reported news agency. Prime minister Sheikh Hasina presided over the special meeting of the cabinet held at the parliament complex. Finance Minister AMA Muhith placing the national budget for the 2018-19 fiscal in parliament with all the indicators pointing to another expansionary budget in keeping with the AL government’s previous budgets. The figure is an increase of 25 percent from the revised budget and more than 16 percent higher than the original budget of the outgoing fiscal year. ...

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Finance Minister unveils country’s 46th national budget

mega budget

MNA Business Desk: Finance Minister Abul Maal Abdul Muhith is unveiling Tk 4 trillion national budget for 2017-18 financial year (FY18) at the National Parliament. He started reading out the annual financial statement at Jatiya Sangsad (national parliament) at 1:40pm. Earlier, the cabinet, chaired by Prime Minister Sheikh Hasina, approved the national budget for placing in the parliament. About a total of expenditure, Tk 2.88 trillion is expected to come from the revenue earnings. But the budget, which Muhith claimed to be his best among the 11, will have a deficit of Tk 1.12 trillion, which is 5% of the ...

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Brazil’s Senate striped Rousseff of presidency

presidency

MNA International Desk: Brazil’s Dilma Rousseff was stripped of the country’s presidency on Wednesday in a Senate impeachment vote ending 13 years of leftist rule in Latin America’s biggest economy, reported news agency. Rousseff, 68-year-old, was convicted by 61 of the 81 senators of illegally manipulating the national budget. The vote, passing the needed two-thirds majority, meant she was immediately removed from office. Pro-impeachment senators burst into a rendering of the national anthem, some waving Brazilian flags, while allies of Rousseff stood stony faced. Brazil’s first female president, holed up in the presidential palace on the outskirts of the capital ...

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