China - Bangladesh Friendship Elevated To ‘Strategic Partnership’

 

The Honourable Prime Minister of Bangladesh Sheikh Hasina recently concluded a six-day official visit to China at the invitation of her Chinese counterpart Li Keqiang. This is Sheikh Hasina’s third visit to China, and the first after assuming the role of Prime Minister of Bangladesh for the third time in January 2014.

Habiganj Arms Haul: Crackdown On Terrorism Continues

 

Habiganj ammo haul 
Bangladesh’s security forces recently recovered huge arms and ammunitions from its north eastern district of Habiganj. On 3rd June 2014, in a special operation, the Rapid Action Battalion (RAB) recovered 200 rocket launchers and 200 mortar shells, in addition to machine guns, and huge quantity of ammunition from nine bunkers, some 50 feet deep, that were located inside the remote Satchharhi National Park under Chunarughat Upazila of the district. It should be noted that Satchharhi is only two (2) km away from the border and the Indian state of Tripura.

Budget 2014-2015 In Extending Social Protection

 

The budget for fiscal year 2014-2015 is an expression and integrated part of the perspective plan called ‘Vision 2021’. The main objective of the proposed budget is to maintain continuity of existing monetary and fiscal policy strategies and to ensure macroeconomic stability. Another objective of the budget is to facilitate social protection, equity, and justice. The budget reveals that the government is shifting its policy to Social Safety Net programmes (SSNPs) to make it more effective, target-oriented and pro-poor.

Budget For Implementing ‘Vision 2021’

 

On 5th June 2014, the Honourable Finance Minister of Bangladesh, AMA Muhith unveiled the TK 2.5 trillion ($32.42 billion) annual budget of Bangladesh for the fiscal year 2014-15. It marks a 12% rise from last fiscal’s budget at TK 2.2 trillion. The budget has been specifically tailored to assist Bangladesh being elevated to the status of a middle income country by 2021, commonly referred to as “Vision 2021”. Additionally, the proposed budget seeks to maintain continuity of existing monetary and fiscal policy strategies being pursued and to ensure macroeconomic stability.

TOP