Warnings from World Bank should be taken seriously
He also suggested the government increase direct taxes on wealthy people so that people with low incomes need not be overburdened with tax.
The rural-urban education divide can perpetuate inequality and hinder the overall development of the country.
Reducing income inequality by taking concrete steps is morally fair and economically justified.
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.
Bangladesh must embrace change for a sustainable development
Tough measures needed to keep prices of essentials in check
PM's call to ministers is a timely one
Money and politics have become deeply intertwined over the last few decades
A recent study by a think-tank has exposed the underbelly of the development scenario in Bangladesh in which rising GDP growth and rising income and wealth inequalities walk hand in hand.
According to Bangladesh Bureau of Statistics' (BBS) provisional data, the economy is projected to grow at a rate exceeding 7 percent in the current fiscal.
In order to reduce inequality in Bangladesh, much more needs to be done to improve access to employment, health and education for the bottom half of the population.
