An independent body recommending viable prices for all commodities under its mandate, is something the government must consider.
The government has implemented a carbon tax for owning multiple vehicles to lower carbon emissions, deal with city traffic, and encourage the use of public transportation.
While local car owners are already paying high taxes for vehicle ownership, this new carbon tax will exert a heavier toll on taxpayers who own more than one car.
Our education decision-makers have a narrative that largely denies any serious deficiency in the system.
In light of the economic hardships Bangladesh has been going through, there were certain expectations from the national budget of 2023-24 fiscal year.
The government should adjust the budget expenses by cutting the allocation under the Annual Development Programme (ADP) and bringing down operating costs in order to contain inflation, said Ahsan H Mansur, executive director of the Policy Research Institute.
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Bangladesh government should own up to its mistakes
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.