Bangladesh has always battled and progressed through crises. But what future awaits us?
Using a tax simulation model, we assessed the expected impact of the tax and price increases on cigarette consumption, tax revenues, and health outcomes and compared it with current budget proposals.
It is not clear how the money needed to implement this ambitious budget will be sourced.
The man eager to pay back his debt is becoming a rarity. Yet, he represents the hardworking, honest Bangladesh that can bring real change to the system.
The measures taken in the proposed budget for the next fiscal year have failed to address the most difficult challenge of containing inflation, and as a result, the suffering of common people will increase further, the Centre for Policy Dialogue (CPD) said yesterday.
Finance Minister AHM Mustafa Kamal yesterday said that though he is worried about the elevated level of consumer prices, the situation is still under the government’s control.
The new budget has not displayed cognisance of the need for post-pandemic recovery and remedial actions.
Self-contradictory is what best describes Finance Minister AHM Mustafa Kamal’s fifth budget, and the last of the Awami League-led government’s current term.