Finance Minister Abul Hassan Mahmood Ali announced a significant reduction in import duties on dialysis filters and circuits in the Tk7,96,900 crore budget proposed today (6 June) for the fiscal year 2024-25.
The duty has been slashed from 10% to just 1%.
This budget, presented in Parliament, also introduces key measures to make cancer treatment more affordable.
New raw materials for cancer medications are being added to the list of duty concessions. This is expected to reduce the cost of cancer treatment.
The proposed budget is 4.6% larger than the current one and much lower than the year-on-year average increase of 11% seen in the last 5 years.
This is the first budget of the fourth consecutive term of the government led by the Awami League after winning the 12th National Parliament following the 7 January.
