Citing media reports, she said the move is expected to increase public expenditure by nearly Tk 7,000 crore
Progress in women empowerment is plateauing or reversing in key areas, found a recent analysis by the Centre for Policy Dialogue.
CPD estimated that around 50 percent of this amount has been lost to corporate tax evasion.
Restoring macroeconomic stability should be the top priority for policymakers amid a challenging environment for the interim government, the Centre for Policy Dialogue (CPD) wrote in its budget recommendations yesterday.
The caution comes as consumer prices, despite easing in the last two months, have stayed over 9 percent for the 24th month in a row
“Steps taken by the government so far failed to bring down prices of essential commodities,” said CPD Executive Director Fahmida Khatun
All the reform commissions that have been set up might not be able to rid the country of crony capitalism without wholesale structural reforms, said Rehman Sobhan, chairman of the Centre for Policy Dialogue.
More than 16 percent of Bangladeshi businesses identified corruption as the biggest obstacle to their operations, according to a survey conducted between April and July of this year.
Around 17% of businesses identified corruption as biggest challenge, according to a CPD survey
At least 20 licences are required to establish a garment factory in Bangladesh, which eats away at time and money, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).
Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)
Minimum wage of workers in the tannery industry should be Tk 22,776 considering the current market conditions and high inflation, according to a study by CPD
Bangladesh's debt and repayment obligations are escalating, forcing the government to continually resort to borrowing to repay loans amid insufficient revenue collections, according to the Centre for Policy Dialogue (CPD)
The Centre for Policy Dialogue (CPD) has recommended the government restore macroeconomic stability, widen its fiscal space and ensure the best use of taxpayers’ money through appropriate prioritisation in the budget for the upcoming fiscal year.
Since the government’s annual development programme (ADP) is mostly reliant on loans, the private sector often finds it difficult to borrow from the banking system, according to the Centre for Policy Dialogue.
The Centre for Policy Dialogue (CPD) has recommended the government restore macroeconomic stability, widen fiscal space and ensure the best use of public resources through appropriate prioritisation in the upcoming budget for 2024-25
The Centre for Policy Dialogue (CPD) yesterday proposed increasing the tax on high-income individuals to 30 percent in fiscal year (FY) 2024-25 as the move would likely reduce income inequality in Bangladesh.
Corruption was the leading problematic cause for businesses in 2023, with energy crisis posing the highest risk over next two years
The income inequality between the rich and the poor has surged to a level that the country is witnessing two economic systems, which go against the spirit of the Liberation War, said the CPD