• Muhith sets high GDP growth target of 7.2pc
  • Titas MD’s ‘advice’ indicates apathy to people’s misery
  • Implementation is the key
  • Time to walk the walk
  • Energy adviser owes an apology
  • Why does Iran want nuclear energy?
  • Changing schools: what does it mean?
  • Inequality as a revolt against nature
  • Chitrangada staged as poetic drama
  • The Speed: Money outweighs production
  • US losing patience with Pakistan, says Panetta
  • Al-Qaeda still a threat, spreading: Hillary
  • Greeks out to bring some rare cheer
  • Curtain falls on DPL today
  • Tax hike proposed on exports
  • Woman strangled in city
  • National Tree Fair 2012 draws few visitors
  • Big budget with huge deficit proposed
  • Tk 12,600cr sought for power, energy subsidy
  • Interest payment to eat up lion’s share of budget
  • Euro football fiesta begins today
  • No district budget yet
  • Tax waiver for new cineplexes proposed
HOME  MAIN NEWS

Big budget with huge deficit proposed

The finance minister, AMA Muhith, on Thursday announced the proposed national budget for fiscal 2012-13 with a total outlay of Tk 1,91,738 crore, offering wide opportunities for whitening black money ahead of the next general elections. The 79-year old finance minister while... Full story

Tk 12,600cr sought for power, energy subsidy

The finance minister, Abul Maal Abdul Muhith, presents the proposed national budget for the fiscal 2012-13 at Jatiya Sangsad on Thursday. 
— New Age photo
The government, in its budget proposals, on Thursday requested parliament to set aside Tk 12,600 crore as subsidy for power and energy sector for fiscal 2012-13, down from Tk 15,000 crore of the last fiscal. Presenting the government’s budget... Full story

Interest payment to eat up lion’s share of budget

The country’s interest payment is swelling every year as the proposed budget for the next fiscal year showed that 12.20 per cent of the total expenditure would go for interest payment. Full story

Euro football fiesta begins today

Poland get the honour of opening Euro 2012 today against surprise 2004 winners Greece but it would take a major upset to see either team or co-hosts Ukraine progress as far as the July 1 final in Kiev. Full story

Inflation rate projected at 7.5 per cent

The finance minister AMA Muhith on Thursday said inflation would come down to 7.5 per cent in the next fiscal year but hinted that prices of fuel oil and electricity would increase further. Full story

Small cars, garments, cigarette to be costlier

Low cost cars, air-conditioners, cigarettes, readymade garments and fruits and juice would become costlier in the coming year as the government on Thursday proposed to increase duty on those items for FY 2012-13. Full story

Govt to raise fuel price

The government will raise fuel-oil prices in the coming fiscal 2012-13 as the proposed budget allocated Tk 6,600 crore less than the subsidy requirement estimated for next year to import petroleum products. Full story

Higher agri subsidy proposed

The government has proposed an upward farm subsidy by Tk 1,500 crore in the proposed budget for FY2012-13. ‘A total subsidy of Tk 17,092 crore had been proposed for Urea... Full story

Social safety net expanded for poverty cut

The Awami League-led 14 party grand alliance has taken Social Safety Net and employment generation programmes to reduce poverty and ensure social security, Fi nance Minister AMA Muhith in his budget speech on Thursday said. Full story

Edn budget percentage drops

The finance minister, AMA Muhith, has proposed an allocation of Tk 21,408 crore for the education sector for the 2012-2013 financial year. In the proposed budget, primary and mass education ministry will receive... Full story

Budget election oriented: BNP

The main opposition party, the Bangladesh Nationalist Party, on Thursday termed the proposed national budget for the 2012-13 fiscal year ‘anti-people’ and said that the financing of the proposed... Full story

CJ meets speaker

The chief justice, Md Muzammel Hossain, met Jatiya Sangsad speaker Abdul Hamid at the latter’s chamber during evening prayer recess on Thursday. The chief justice was accompanied by his wife. Full story

Fakhrul, 18-party alliance leaders get HC bail

The High Court on Thursday granted bail to 30 leaders of the BNP-led 18-party alliance, including the BNP acting secretary general, Fakhrul Islam Alamgir, in a vehicle torching case. Full story

Iqbal Karim made new army chief

The president, Zillur Rahman, Thursday appointed Quarter Master General Lieutenant General Iqbal Karim Bhuiyan as the county’s new chief of army staff effective from June 25. Full story

Govt concerned over gas, power crises

The law enforcement agencies at a meeting feared a downslide in law and order due to shortage in supply of gas, electricity and water in the capital ahead of the month of Ramadan. Full story

Tk 400 crore proposed for Climate Change Trust Fund

Allocation of Tk 400 crore for the Bangladesh Climate Change Trust Fund was sought in the proposed budget for 2012-2013, which was placed in the Jatiya Sangsad on Thursday. Full story

ICT holds 1st camera trial over absentee PWs against Sayedee

The International Crimes Tribunal-1 for the first time on Thursday held its session in camera for over an hour to look into the allegations about the absentee prosecution witnesses against war crimes... Full story

Bomb kills 8 at Pakistani madrassah

A bomb attack killed at least eight people and wounded more than 20 others outside a Pakistani madrassah in the troubled southwestern city of Quetta, the police said. Full story

Lightning strike kills 3 in Tangail

Three people were killed and seven others injured in lightning strike in Nagarpur upazila of Tangail Thursday. The deceased were Kuzrat Ali, 50, of Shingjora village, Shamsul Haq, 28, son Murtoza Ali of Bongram Dokkhinpara... Full story


    Friday, June 8, 2012

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