The national budget of Bangladesh for fiscal year 2025-2026 has made significant adjustments to the tariff and tax structure of key raw materials for steel bar and cement production. This adjustment has raised concerns in the industry that it will increase the price of steel and cement, thus increasing the overall construction cost. This adjustment may affect the cost of raw materials, and then transmit to the price of related materials in the construction industry, resulting in greater cost pressure on the construction industry.
The national budget proposed by Bangladesh for the fiscal
year 2025-2026 has made significant changes to the tariff and tax structure of some key raw materials used in the production of steel bars and cement. The move has raised concerns among industry stakeholders that it could lead to higher prices for both materials, which in turn could raise overall construction costs.