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Posts tagged as “cent”

Subsidy, interest bills highest in a decade

by Rejaul Karim Byron in The Daily Star, Apr 16, 2023Bangladesh’s spending on subsidies and interest payments surged 45 per cent year-on-year in the first eight months of this fiscal year, turning out to be the highest in at least a decade. This resulted from an increased payment requirement from the coffer particularly to provide fertiliser, food and electricity at subsidised rates. From July to February in fiscal year 2022-23, the government spent Tk 56,222…