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Will the budget attain targeted goals?

THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024–2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...

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Govt targets inflation 6.5pc, economists doubt

The government has set a target to limit inflation within 6.5 per cent in the financial year 2024–25, although prices of food and non-food items keep rising over...

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US, UK, EU call on all states to cease flow of arms, aviation fuel to Myanmar

Australia, Canada, the European Union, the Republic of Korea, New Zealand, Norway, Switzerland, the United Kingdom, and the United States reiterated their call on all states to prevent or cease the flow of arms or military and dual-use material, including aviation fuel to the Myanmar military....

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UK PM Rishi Sunak calls general election for July 4

United Kingdom’s prime minister Rishi Sunak on Wednesday set a general election date for July 4, ending months of speculation but not the doom-laden forecasts about the size of the government’s expected defeat....

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Candidate beaten to death

A vice-chairman candidate was killed in a clash between supporters of two vice-chairman candidates at  Mirerkandi village of Paratali union of Raypura upazila in Narsingdi...

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Lightning kills 6 in Narsingdi, Tangail

At least six people, including three of a family, were killed in lightning strikes in Narsingdi and Tangail districts on Saturday, as a wet spell set...

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Bangladesh, United Kingdom sign SOPs on returns

Bangladesh and the United Kingdom held their first-ever joint working group meeting on home affairs in London at the British home office and signed the standard operating procedures on returns...

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PM urges KSA to extend visa approval time for Hajj pilgrims

Prime minister Sheikh Hasina on Monday called upon the Kingdom of Saudi Arabia to extend the time of visa approval for Hajj pilgrims so all of them could perform Hajj as its ambassador Essa Yousef Essa Alduhailan called on her in Dhaka...

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Southern China road collapse kills 19

At least 19 people died when part of a highway collapsed in southern China’s Guangdong province on Wednesday, state media reported.......

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Accelerated climate actions for V20 countries

A RECENT study has warned that rapid and forceful climate change is affecting the economy, GDP growth, livelihoods of common people and human health, with growing gender inequity in developing countries, particularly among the...

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Authorities have issues to address to raise tax-to-GDP ratio

The government’s performance is tellingly poor when it comes to the tax-to-GDP ratio. The ratio has remained static at about 8 per cent, one of the lowest even in South Asia, for the past decade as proposals and initiatives for augmenting...

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India’s poor will not be wished away

The late, sharp-witted economist Michael Mussa, my first boss at the International Monetary Fund, once told me that every statistic must pass the ‘smell test.’ I recalled this sage advice recently when Indian authorities published the first driblets of a consumption survey...

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GDP growth slows

The country’s growth in gross domestic product during the second quarter of the current financial year grew at a slower pace than in the past two...

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UK and Israel-Palestine conflict

THE United Kingdom has a historical link to the current Israel-Palestine conflict. With the Balfour Declaration in 1917, Britain pledged to establish a national home for the Jewish people in Palestine, despite Jews constituting...