Budget of Bangladesh

TO OUR PRESENTATION

Group ProfileName ID

Mohammad Habibullah 185

Mahbubul Alam 179

Ferdousi Akter 124

Jannatul Ferdous Mumu 125

Mahbub Alam 113

Evaluation, Interpretation &

Analysis of Budget 2014-15 by Focusing Opinions Provided by Multiple Stakeholders

Budget

Budget is an estimate of costs, revenues and resources over a specified period and it reflects a reading of future financial and goals.

The Budget of Bangladesh 2014-15 at a glance

Budget no: 44th budget

Announcer of Budget: Finance

Minister Abul Maal A. Muhith

Total Budget: 250506

crores(GDP 18.7%)

Total revenues(Tax Revenue &

Foreign Grants):

189160 crores

Overall Deficit (Including Grants): 61,346

crores(GDP 4.6%)

The growth of GDP: 7.3%

Revenue

Expenditure

Mahbubul Alam

ID: 179

Sectarian Budget Analysis for Expenses

Educational Sectors(13.1%)

Power and energy Sectors(4.6%)


Agricultural sector(7.6%)

Transport & Communication

(9.8%)


Public Administration(15.3%)

Social Security & welfare (6.1%)

Jannatul Ferdous Mumu

ID: 125

Tax at source(TDS)

Surcharge on mobile phone

calls

Some Earning Sources

Tax on interest income

Personal taxable income

Land tax

Value Added Tax

(VAT)

Mohammad Habibullah

ID: 185

Interpretation & Findings

Telecommunication

• Corporate Tax increased to 40% from 35%

Real Estate

• Whitening of black money through real estate.

Textile Sector

• Import duty totally waved.

Power & Energy

• 14500 MW of electricity generation.

• Domestic use of GAS.

Construction

• Imposing 15% VAT on special materials.

Banking Sector

• Borrowing USD 3.4 billion from banks.

• Possibility of crowding out.

Agricultural Sector

• Only 7.9% allocation of total budget.

Mahbub Alam

ID: 113

Conclusion& Recommendations

Support to agriculture

Support to rural economy and rural

energy

R&D in agriculture, climate change, and

resource mobilization

Size and Quality of Annual

Development Program

Increasing Revenue Earnings

Domestic Procurement Program and Public Stock Management

Human Resource Development-Quality and

Equity Issues

Social Protection

Issues