The Dhaka Chamber of Commerce and Industry on Monday said that the proposed budget for the next fiscal year contained serious risks in financing and implementation. Although there are many positive elements in the proposed budget, there are also risks in achieving targeted GDP growth, revenue earnings, deficit financing,
next fiscal year
Muhith terms budget ambitious but realistic
In response to the criticism that the proposed budget for the next fiscal is unrealistic and not implementable, finance minister AMA Muhith on Friday said that though ambitious, the budget is realistic and implementable. He, however, admitted that political uncertainty
Muhith budget tows populist line in poll year
Finance Minister AMA Muhith, on Thursday, unveiled a Tk. 222,491 crore populist budget for the 2013-14 fiscal year, in Jatiya Sangsad, by avoiding imposition of any significant tax burden and by expanding social safety net programmes. The budget, having a deficit of 4.6 per cent, eyes 7.2 per cent GDP growth for the next fiscal ... Read more
Government may ignore economic, political realities: CPD
BUDGET FY 2013-14 Government may ignore economic, political realities: CPD The Centre for Policy Dialogue has said it anticipates that the government is going to formulate a budgetary framework for the next fiscal year ignoring economic and political realities. The new government which is expected to take charge at the beginning of the next year ... Read more
Proposed ADP a big challenge: economists
Mirza Aziz terms it unrealistic, eyewash ahead of polls The government will face a huge challenge to implement the proposed mammoth annual development programme of Tk 73,968 crore in the next fiscal year because of the ongoing political crisis that has already affected revenue collection, said economists on Monday. The extended meeting of the Planning ... Read more