The 49th budget of 2019-2020 was declared by our finance minister AHM Mustafa Kamal on 13 June 2019. Like other years, the budget would be implemented from July 2019. The size of the total budget is 5,23,190 Crore Taka. The allotment for Anual Development Plan (ADP) is 2,02,721 Crore taka. The growth of GDP is 8.2% which is the highest rate till now and the rate of inflation is 5.5%. The highest allotment of the budget is for the public administration sector which is 18.5%. The second-highest allotment is for the education sector which is 15.2%, higher than the previous year. Like other years, Tax-free income for the male population is 2,50,000 Taka and the female population is 3,00,000Taka. One heavily criticism on this budget is imposing a tax rate of 10%instead of 5% on the interest of Government Savings Certificate. It will create a huge loss to the retired, women and many middle-class families who depend on the interest of Government Savings Certificate for their livelihood. Moreover, many facilities are given to the owner of the black money for whitening black money. According to many specialists, it will discourage the regular loan taker and taxpayers of the country. The 49th budget also has good news for the new and small entrepreneurs as it has declared to develop a start-up fund of 100 crores to boost up the new entrepreneurs. Like the previous years, the major allotment is for the public administration sector, but there are some other sectors which need more support and patron from the government like our agricultural sector. The contribution of the agricultural sector in our GDP is declining every year. However many specialists have criticized different parts of the budget but the success will depend on the proper implementation of the budget.
The name of our country is the People's Republic of Bangladesh. It is one of the most beautiful countries in the world. Our country was a part of Pakistan before 1971. Then we freed our country and achieved victory after nine month's liberation war. 3 million people sacrificed their lives in the liberation war in 1971. Our independence day is 26th March and Victory day is 16th December. The national language of our country is Bangla. It is also a matter of great pride for us that we are the only nation that sacrificed their lives for the sake of their mother tongue on 21st February of 1952. In order to show respect to them, UNESCO has declared 21st February as International Mother Language Day. The name of the capital of Bangladesh is Dhaka. It is the busiest and populated city in our country. The total population is 16 crore. The total area of our country is 1,47,570 square km. Our country is a river-oriented country. The main rivers of our country are Padma, Jamuna, Meghna...
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