Next FY to see 15.4% rise in subsidy - News Summed Up

Next FY to see 15.4% rise in subsidy


The proposed outlay reads that subsidy would be raised by Tk3,670 crore, from Tk23,830 crore of the revised budget. Meanwhile, the power sector will get a subsidy of Tk5,500 crore, which is the same as allocated in the current FY. A Finance Division official, requesting anonymity, said the Power Ministry would not pay heed to their advice. For agriculture, the subsidy will increase to Tk9,000 crore, which is Tk3,000 more than that of the latest revised budget. But, his assumption failed in the last two fiscal years as the subsidy outlay saw a rise then.


Source: Dhaka Tribune April 29, 2017 18:45 UTC



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