101st Laconia Motorcycle Week expected to draw 300,000 visitors, $100 million in revenue
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Source:Daily Sun
June 07, 2024 01:53 UTC
Budget 2025: Bangladesh seeks domestic bank borrowing to cover 17pc of deficit
However, the deficit is 4.6 per cent of gross domestic product (GDP), the lowest in a decade. Usually, attempts are made to keep the budget deficit within 5 per cent. The overall deficit for the budget in the outgoing 2023-24 fiscal year was estimated at Tk 2.58 trillion. Mahmood Ali says that he plans to borrow Tk 1.27 trillion from abroad and about Tk 1.61 trillion from domestic sources. Dr Salehuddin Ahmed, former governor of Bangladesh Bank, said: “Running a deficit budget is unsustainable.
Source:bd News24
June 07, 2024 01:16 UTC
My husband needs N15m to stay alive, wife pleads for help – The Sun Nigeria
From John Adams, MinnaMoney, they say cannot buy life, but Ekanem Ayi Okon, a staff of the National Examinations Council (NECO), Minna, Niger State, needs money to stay alive. Ekanem, a Senior Examinations Officer, needs N15 million for kidney transplant. But it is far less from what is needed for the kidney transplant. But my husband needs more money to undergo the kidney transplant. Practically, we cannot afford the N15 million for the kidney transplant and the doctors said that that is the only way out.
Source:Daily Sun
June 06, 2024 23:24 UTC
Crews battling 1,000-acre Bravo Fire west of Flagstaff; four zones in SET status
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Source:Daily Sun
June 06, 2024 23:11 UTC
Dengue kit, dialysis filter get cheaper, but medical equipment costs go up
The government has proposed concessions on importing dengue testing kits amid an ongoing outbreak of the deadly mosquito-borne disease. Finance Minister AH Mahmood Ali made the proposal in his budget speech for the 2024-25 fiscal year in parliament on Thursday, reports bdnews24.com. The budget, however, proposed a “slight” reduction of concession for referral hospitals to import medical equipment, which they enjoyed for “quite a long period”. As part of the efforts to rationalise tax expenditure, Mahmood Ali proposed imposing 10 per cent customs duty on the import of medical equipment and supplies by referral hospitals. Overall, the minister proposed a Tk 414.08 billion allocation for the health sector, up from the current year’s Tk 380.51 billion.
Source:bd News24
June 06, 2024 21:22 UTC
FREE TO READ: Pfc. Louis Basso of Venice survived Battle of Hurtgen Forest in WWII
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Source:Daily Sun
June 06, 2024 20:36 UTC
Production of rice, maize, potatoes on rise
SANGSAD BHABAN, June 6, 2024 (BSS) - Bangladesh has witnessed a significant rise in crops production including rice, maize, potatoes, vegetables and fruits since 2009, thanks to the government's agri-oriented policies. In his budget speech for fiscal year 2024-25 (FY25) in Jatiya Sangsad today, finance minister AH Mahmood Ali said the total production of food grains was 328.96 lakh metric tons in FY 2008-09, which increased by approximately 42 percent to 467.03 lakh metric tons by FY2022-23. During this period, he said maize production rose by 780 percent, potato production by 98 percent, and vegetable production by 675 percent. As a result of the revolution in agricultural production, despite being the most densely populated country in the world, Bangladesh ranks 3rd globally in the production of rice, vegetables, and onions, 2nd in jute production, 4th in tea production, and 7th in the production of potatoes and mangoes, he added.
Source:Bangladesh Sangbad Sangstha
June 06, 2024 19:03 UTC
Falcon To Commence Drill Program At Great Burnt, NL
Weather Alert...The Flood Warning continues for the following rivers in Texas... Trinity River At Trinidad affecting Navarro and Henderson Counties. Trinity River Near Long Lake (Oakwood) affecting Anderson, Leon and Freestone Counties. && ...FLOOD WARNING NOW IN EFFECT UNTIL WEDNESDAY EVENING... * WHAT...Major flooding is occurring and moderate flooding is forecast. - Flood stage is 33.0 feet. - Forecast...The river is expected to fall below flood stage Wednesday morning and continue falling to 31.3 feet early Wednesday afternoon.
Source:Daily Sun
June 06, 2024 18:20 UTC
BHG Financial Wins 2024 Fortress Cybersecurity Award
Weather Alert...The Flood Warning is extended for the following rivers in Texas... East Fork Trinity River At McKinney affecting Collin County. Trinity River Near Rosser affecting Kaufman and Ellis Counties. ...The Flood Warning continues for the following rivers in Texas... Trinity River Near Long Lake (Oakwood) affecting Anderson, Leon and Freestone Counties. && ...FLOOD WARNING REMAINS IN EFFECT UNTIL FURTHER NOTICE... * WHAT...Major flooding is occurring and major flooding is forecast. - Flood stage is 33.0 feet.
Source:Daily Sun
June 06, 2024 17:32 UTC
Bangladesh targets a 6.75pc growth rate
The minister targeted a modest increase in the growth rate to 6.75 per cent in the Tk 7.97 trillion budget presented for the 2024-25 fiscal year in parliament on Thursday. AHM Mustafa Kamal had set the growth target at 7.5 per cent for the 2023-24 fiscal year ahead of the election. GDP growth is maintaining its momentum because of the implementation of prudent and appropriate policy measures, the minister said in his budget speech. The average growth rate between FY 2009-10 to 2022-23 was 6.71 per cent, one of the highest among all countries in the world, he said. It may be noted that the country achieved a record GDP growth rate of 7.88 per cent in FY 2018-19 just a year before the COVID-19 pandemic.
Source:bd News24
June 06, 2024 16:42 UTC
Pedal to the metal: SkyJune Designs opens doors for new metalsmiths
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Source:Daily Sun
June 06, 2024 14:53 UTC
Bangladesh mango export to Europe faces setback amid low yield
Mango exports from Satkhira, Bangladesh, to Europe could be hindered this year due to reduced yields attributed to Cyclone Remal and subsequent drought conditions. The affected mangoes are also of smaller size, which has led to concerns about meeting the export targets for the season. The region had an export goal of 300 tons for the season, with efforts including training for 300 farmers in Satkhira Sadar, Kalaroa, and Debhata upazilas to produce mangoes suitable for export. Hazrat Ali, from Tasin Enterprise, highlighted the high demand for Himsagar mangoes from Satkhira in the European market, though procurement has been difficult this year due to poor production. A local farmer, Rafiqul Islam, reported significantly reduced yields, impacting his ability to export.
Source:Dhaka Tribune
June 06, 2024 13:25 UTC
Budget 2025: Amid economic headwinds, Bangladesh government spending rises 12%
It is also the first for Mahmood Ali as finance minister. In last year’s budget, former finance minister Kamal decided to move ‘Towards a Smart Bangladesh'. Despite this, former finance minister Kamal kept to the traditional style of planning by increasing the size of the budget every year. The finance minister hopes to meet the deficit by borrowing Tk 1.27 trillion from abroad and nearly Tk 1.61 trillion from domestic sources. It is Ali's hope that with the implementation of the new budget, Bangladesh can achieve 6.75 percent GDP growth while keeping inflation tamped down to 6.5 percent.
Source:bd News24
June 06, 2024 13:00 UTC
Quilters make pockets for students
Rosemary Iodice, left, of the Village of Collier, assists Barbara Millard, of the Village of Osceola Hills, as she uses a sewing machine to make a chair-back storage pocket with the Mamie's Quilters on Tuesday at Eisenhower Recreation. The chair-back storage pockets will go to students at Lake Panasoffkee Elementary School.
Source:Daily Sun
June 06, 2024 12:38 UTC