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The proposed national budget for the 2026–27 fiscal year allocates Tk 880 crore to the Ministry of Expatriates’ Welfare and Overseas Employment, marking a reduction of Tk 51 crore from the previous year. According to the budget structure, Tk 463 crore is designated for operating expenses and Tk 417 crore for development expenditures.

In presenting the budget, the finance minister emphasized the government’s priority on expanding overseas employment and ensuring the welfare and protection of Bangladeshi expatriate workers. A special expatriate card will be introduced to integrate welfare services, insurance, banking facilities, and emergency assistance for migrant workers.

In the 2025–26 fiscal year, the ministry had received an allocation of Tk 931 crore, including Tk 434 crore for operating costs and Tk 497 crore for development spending. The new proposal reflects a shift in expenditure priorities while maintaining focus on expatriate welfare initiatives.

12 Jun 26 1NOJOR.COM

Bangladesh cuts Tk 51 crore from expatriates’ welfare ministry in 2026–27 proposed budget

In the proposed Bangladesh national budget for fiscal year 2026–27, the government has slightly increased the price of low-tier cigarettes while keeping taxes and prices on bidi, gul, and jarda unchanged. According to a joint statement from research and advocacy group PROGGA (Knowledge for Progress) and the Anti-Tobacco Media Alliance (ATMA), this minimal adjustment will make tobacco products cheaper in real terms when inflation and income growth are considered. The organizations warned that the proposal, if passed, could increase tobacco use, related illnesses, and deaths, while depriving the government of potential revenue gains.

The statement detailed that the price of a 10-stick pack of low-tier cigarettes would rise by only 2 taka to 62 taka, a 3.33 percent increase compared to a 10.27 percent rise in per capita income. Prices for mid-, high-, and premium-tier cigarettes would also rise modestly. PROGGA and ATMA argued that the lack of tax structure reform would allow tobacco companies to retain higher profits and expand their business, posing a threat to public health.

The groups urged the government to adopt their reform proposal, which they claim could generate an additional 440 billion taka in revenue and prevent about 400,000 premature deaths annually.

12 Jun 26 1NOJOR.COM

Bangladesh budget keeps tobacco taxes low, raising health and revenue concerns

Finance Minister Amir Khasru Mahmud Chowdhury has proposed increasing Bangladesh’s social safety net allocation to Tk 1,44,338 crore for the 2026–27 fiscal year, up by Tk 17,607 crore from the revised Tk 1,26,731 crore in 2025–26. Presenting the budget on Thursday, he said the goal is to ensure life-cycle-based protection for all citizens to reduce poverty, lessen inequality, and promote inclusive development.

The proposal includes expanding the Family Card program, under which the female head of a family will receive Tk 2,500 monthly. The program aims to reach 4.1 million women next year with Tk 14,500 crore allocated. The minister also proposed increasing old-age, widow, and disability allowances, as well as stipends for students with disabilities. The Mother and Child Assistance Program will expand to 1.9 million beneficiaries with Tk 1,944.7 crore allocated.

Additional measures include raising one-time aid for six critical illnesses to Tk 1 lakh, fare reductions for senior citizens, and continued benefits for freedom fighters and July uprising families. A Tk 300 crore housing allocation for July uprising families was also proposed.

12 Jun 26 1NOJOR.COM

Bangladesh proposes Tk 1.44 trillion for social safety net in 2026–27 budget

Three liquefied natural gas (LNG) tankers bound for various Asian destinations have crossed the Strait of Hormuz, according to ship-tracking data. The vessels had their transponders turned off during part of their journey. Data reviewed by Reuters from LSEG and Kpler showed that two QatarEnergy-controlled tankers, Lebretha and Rashida, were last seen west of the strait on June 1 and April 30, respectively, after loading LNG at Qatar’s Ras Laffan port. Both reappeared in tracking data on June 10, with Lebretha heading toward Pakistan and Rashida nearing Southeast Asia. A third tanker, Marigold, operated under Abu Dhabi National Oil Company management, also reappeared in tracking data on June 10 and is believed to be heading toward India.

Since the outbreak of conflict in late February, a total of 12 LNG cargoes, including these three, have passed through the Strait of Hormuz. The continued movement of tankers through this critical maritime route has brought some relief to the global energy market, which relies heavily on stable fuel supply routes.

12 Jun 26 1NOJOR.COM

Three Asian LNG tankers cross Strait of Hormuz, easing global energy market concerns

Finance Minister Amir Khosru Mahmud Chowdhury has proposed a significant expansion of Bangladesh’s social safety net in the 2026–27 national budget, raising total allocations for the sector to Tk 1,44,338 crore, an increase of Tk 17,607 crore from the previous year’s revised budget. The proposal includes Tk 14,500 crore for the government’s flagship Family Card program, which will provide monthly allowances of Tk 2,500 to 4.1 million women heads of households. The initiative aims to reduce poverty and inequality through economic empowerment and inclusive development.

The minister said the Family Card program, inaugurated by the Prime Minister within a month of the government’s formation, will gradually expand nationwide by 2030. Other proposed measures include higher allowances and expanded coverage for the elderly, widows, persons with disabilities, and pregnant women. The budget also proposes increased assistance for patients with serious diseases and travel concessions for senior citizens.

The proposals reflect the government’s stated goal of building a welfare-oriented and equitable state through life-cycle-based social protection and empowerment programs.

12 Jun 26 1NOJOR.COM

Bangladesh allocates Tk 14,500 crore for Family Card program aiding 4.1 million women

Finance Minister Amir Khosru Mahmud Chowdhury has presented the proposed national budget for the 2026–27 fiscal year in the Jatiya Sangsad. The budget, under the government led by Prime Minister Tareque Rahman, totals Tk 9.38 trillion, which is Tk 1.48 trillion higher than the current fiscal year. The revenue target is set at Tk 6.95 trillion, with a deficit of Tk 2.43 trillion. The proposal includes adjustments in customs duties, VAT, and supplementary duties to boost revenue, protect domestic industries, and address public health concerns.

As a result of these measures, prices are expected to decrease for a wide range of products, including kidney dialysis services, heart stents, cancer medicines, medical equipment, laptops, computers, solar panels, electric vehicles, and locally produced electronics such as mobile phones and refrigerators. Conversely, prices of cigarettes, tobacco products, imported washing machines, alcoholic beverages, and several imported goods like honey, coffee, and tiles are expected to rise.

The proposed budget aims to balance revenue growth with consumer relief and industrial protection, signaling a focus on health, technology, and renewable energy sectors.

12 Jun 26 1NOJOR.COM

Bangladesh budget proposes tax cuts on medical, tech, and green products for 2026–27

Finance Minister Amir Khosru Mahmud Chowdhury has proposed a Tk 5,000 increase in the monthly allowance for families of gallantry awardee freedom fighters in the 2026–27 fiscal year budget. The proposal was made during the presentation of a Tk 9.38 trillion national budget in parliament, under the social security and inclusive development programs.

According to the proposal, the monthly allowance would rise to Tk 40,000 for Bir Shreshtha families, Tk 30,000 for Bir Uttam, and Tk 25,000 for both Bir Bikram and Bir Protik families. The monthly honorarium for general freedom fighters would remain unchanged at Tk 20,000. The minister said the initiative aims to strengthen the financial security of families who contributed to the Liberation War.

The budget also includes expanded social safety measures such as increased disability allowances, extended family card coverage, and higher one-time assistance for patients with six critical diseases, raising the amount from Tk 50,000 to Tk 100,000. A total of Tk 1.44 trillion has been proposed for the social security sector in the upcoming fiscal year.

12 Jun 26 1NOJOR.COM

Bangladesh proposes Tk 5,000 rise in monthly allowance for gallantry awardee freedom fighter families

Bangladesh’s National Board of Revenue has proposed amendments to the Income Tax Act 2023 requiring proof of income tax return submission for opening bank accounts and purchasing motorcycles of 150cc or higher capacity. The same requirement will apply to buying three-wheeler motor vehicles. However, foreign nationals serving as company directors or sponsors would be exempted from the return submission obligation under the proposed changes.

The amendment adds bank accounts and motorcycles to the list of services and goods that require tax return proof under Section 264 of the Income Tax Act. Exceptions will apply to student accounts, no-frills accounts, and others exempted by government notification. No-frills accounts, designed for low-income individuals, will remain accessible with minimal documentation and no mandatory deposit requirements.

The proposal also mandates educational institutions with return obligations to show proof of submission when renewing approvals. The NBR initially considered imposing advance income tax on motorcycles but withdrew the plan following opposition from riders and lack of government approval. The revised proposal focuses instead on ensuring tax compliance through return documentation.

12 Jun 26 1NOJOR.COM

Bangladesh proposes mandatory tax return proof for bank accounts and motorcycle purchases

Finance Minister Amir Khasru Mahmud Chowdhury has proposed increasing the monthly disability allowance to Tk 1,000 in the 2026–27 fiscal year budget. Currently, 3.45 million people receive Tk 900 each month under this program. The minister also proposed expanding the number of beneficiaries to 3.8 million.

In his budget speech in the National Parliament, the finance minister said that the number of disabled students receiving stipends would rise from 81,000 to 100,000. Their monthly stipends would range from Tk 1,000 to Tk 1,400 depending on educational level. The proposal is part of the government’s broader social safety net initiatives.

The budget allocates Tk 1,44,338 crore for the social safety sector in 2026–27, compared to Tk 1,26,731 crore in the revised budget for 2025–26, reflecting an increase in social welfare spending.

12 Jun 26 1NOJOR.COM

Bangladesh proposes raising disability allowance to Tk 1,000 and expanding coverage

The government of Bangladesh has announced a new social protection program to modernize and climate-proof the agriculture sector. In the 2026–27 fiscal year, 4.25 million landless, marginal, and small farmers across 100 upazilas will receive special 'Farmer Cards'. Each cardholder will get Tk 2,500 in annual cash support and access to ten additional benefits. Finance Minister Amir Khosru Mahmud Chowdhury made the announcement while presenting the national budget in parliament, chaired by Speaker Major (Retd.) M Hafizuddin.

The budget proposes an allocation of Tk 1,062.5 crore for the Farmer Card initiative, extending coverage to fishers, livestock farmers, and salt producers. A pre-pilot involving 22,065 farmers in 11 blocks across eight divisions has already been completed. The government has also implemented a loan waiver program for up to Tk 10,000 in agricultural loans and plans to introduce agricultural insurance to mitigate disaster risks.

The combined allocation for agriculture, fisheries, and food ministries in 2026–27 stands at Tk 43,335 crore, representing 0.63 percent of GDP, marking a steady increase from previous years.

12 Jun 26 1NOJOR.COM

Bangladesh unveils Tk 1,062 crore farmer card scheme for 4.25 million smallholders

Bangladesh’s finance minister has proposed allocating Tk 500 crore in the 2026–27 fiscal year budget to encourage new entrepreneurs in the information technology sector. The announcement was made on Thursday, June 11, during the minister’s budget speech in the National Parliament.

According to the minister, the proposed fund will serve as a ‘start-up fund’ aimed at promoting women’s entrepreneurship, women’s development, and youth entrepreneurship. The initiative reflects the government’s recognition of the IT sector’s potential and its intention to foster innovation and business growth among emerging entrepreneurs.

If approved, the allocation is expected to support the creation of new technology-based enterprises and strengthen the country’s digital economy by empowering young and female entrepreneurs.

12 Jun 26 1NOJOR.COM

Bangladesh proposes Tk 500 crore startup fund for new IT entrepreneurs

Bangladesh’s Finance Minister Amir Khasru Mahmud Chowdhury has proposed a Tk 42,291 crore allocation for the defense sector in the 2026–27 fiscal year budget. The proposal, presented in the National Parliament on Thursday, marks an increase of Tk 1,593 crore from the revised allocation of Tk 40,502 crore in the outgoing 2025–26 fiscal year. The total proposed national budget amounts to Tk 9,38,000 crore.

According to the proposal, Tk 38,721 crore is earmarked for operating expenses of defense services, Tk 1,611 crore for development expenditure, and Tk 1,959 crore for operating costs of other services under the Ministry of Defense. The session was presided over by Speaker Hafiz Uddin Ahmed and marked the first budget presentation by the BNP government and Finance Minister Amir Khasru Mahmud Chowdhury.

This is the 55th national budget of Bangladesh, reflecting the new government’s fiscal priorities and expenditure plans for the upcoming year.

12 Jun 26 1NOJOR.COM

Bangladesh raises defense allocation by Tk 1,593 crore in 2026–27 national budget

Finance Minister Amir Khasru Mahmud Chowdhury announced in the proposed 2026–27 national budget that the government will allocate Tk 300 crore to strengthen the tourism sector with a focus on sustainable and eco-friendly development. The plan includes establishing a specialized training institute of international standards to enhance the skills of tourism professionals and introducing global certifications through renowned institutions.

The minister said that international hospitality benchmarks will be set to upgrade training in areas such as culinary arts and other tourism-related fields. A comprehensive tourism master plan is also being finalized to integrate the sector’s potential, diversity, and creative concepts. Additionally, Tk 500 crore will be mobilized from Bangladesh Bank’s corporate social responsibility fund to support these initiatives.

According to the government, these measures aim to conserve natural resources and biodiversity while creating new employment opportunities through ecotourism, ultimately increasing tourism’s contribution to the national economy.

12 Jun 26 1NOJOR.COM

Bangladesh earmarks Tk 300 crore to promote sustainable tourism and ecotourism development

Finance Minister Amir Khasru Mahmud Chowdhury proposed Tk 5,196 crore for the Ministry of Women and Children Affairs in the 2026–27 fiscal year, a decrease of Tk 175 crore from the revised Tk 5,371 crore in 2025–26. Presenting the proposal in Parliament, he emphasized that women’s empowerment is a key indicator of development and said the government is prioritizing legal and scientific capacity to protect women’s and children’s rights.

The budget outlines several initiatives, including new software for DNA analysis in forensic laboratories, a national database for women entrepreneurs, and the establishment of 80 modern daycare centers in two phases. Programs for the rehabilitation and social security of returning female migrant workers, protection of street and vulnerable children, and expansion of the Vulnerable Women Benefit program are also included. Additionally, 33 integrated child rehabilitation centers are operating in 17 districts.

Special projects aim to strengthen coastal women’s resilience to climate change and support children with disabilities. The minister also announced one-time financial awards for families of children killed in the July uprising and ongoing rehabilitation for injured children.

12 Jun 26 1NOJOR.COM

Bangladesh cuts women and child development budget to Tk 5,196 crore for 2026–27

Bangladesh’s Finance Minister Amir Khosru Mahmud Chowdhury proposed new benefits for private sector employees under the universal pension program while presenting the 2026–27 national budget in parliament on June 11. The proposal includes allowing participants to receive 30 percent of their total accumulated savings as a one-time gratuity upon retirement.

According to the minister, the initiative aims to strengthen social protection and make the system more inclusive. The government is taking several measures to enhance financial security for private employees after retirement through the universal pension fund. If implemented, the proposal would enable retirees to receive both a regular pension and a lump-sum payment, which many believe will improve their post-retirement financial stability.

The budget also emphasizes expanding social safety programs, increasing support for women and the elderly, raising allowances for persons with disabilities, and further strengthening the universal pension system.

12 Jun 26 1NOJOR.COM

Bangladesh budget proposes 30% gratuity for private employees under universal pension plan


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