PUBLIC spending plays a crucial role in shaping a country鈥檚 socio-economic development. Over the past decades, Bangladesh has experienced significant progress in economic growth, poverty reduction and human development indicators. However, the effectiveness of these achievements is often hindered by the complexities and inefficiencies in public spending...
Chilean far-right presidential frontrunner Jose Antonio Kast on Wednesday defended his plan to cut public spending by a whopping $6 billion in 18 months, rejecting criticism that it would jeopardize social programs as 鈥榣ies.鈥�...
Banks鈥� corporate social responsibility spending dropped by 50.8 per cent in January-June period compared with that in the previous six months...
A group of employees of the Family Planning Association of Bangladesh staged a sit-in and protest rally on Wednesday, demanding 21 months of unpaid salaries for the current staff and gratuity for all former employees...
US president Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill...
The backlog of retirement benefits release for teachers and employees of educational institutions under the monthly pay order scheme is increasing during the interim government鈥檚 tenure...
THE education sector continues to remain neglected in the percentage of both the total budget outlay and the gross domestic product although the allocation has begun to increase in recent years in terms of amount. A paper on the education budget that Campaign for Popular Education presented at a press conference in Dhaka on March 24, says that the allocation for...
THE bureaucratic system is plagued with excessive red tape, which manifests through ineffective procedures and corruption, resulting in overspending on civil service that ultimately limits economic performance. Overlapping regulations and insufficient coordination between government bodies make the process to complete business registrations...
The country鈥檚 trade deficit narrowed slightly in the July-October period of the 2024-25 financial year compared with that in the same period of FY24...
American consumers spent a record $10.8 billion online during 鈥楤lack Friday鈥� promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday...
FOLLOWING the fall of the authoritarian Awami League regime in August, one challenge Bangladesh faces as it moves forward is the sheer size and untenable budget of the Bangladesh Civil Service. The budget for the financial year 2023鈥�2024 reveals that 22 per cent of our national budget goes into public administration, which is a clear marker of the...
The US聽economy聽grew less than anticipated in the first three months of 2024, according to government data released Thursday, as consumer spending and exports decelerated...
