Bangladesh, June 4 The target of 7.2 percent GDP growth in the upcoming fiscal won't be fulfilled as it is not realistic considering different economic indicators, according to an immediate reaction to the proposed budget for 2021-22 from the Centre for Policy Dialogue, a leading think-tank."We think that the 7 percent plus GDP growth will not be materialistic and fulfilled," said CPD Executive Director Fahmida Khatun at a virtual press.
Centre for Policy Dialogue yesterday said the slow implementation of development programmes and depressed private investment were concerning for the economy which is recovering from the pandemic fallout. The independent think tank made the remark at a virtual press briefing on State of the Bangladesh Economy in fiscal 2020-21. The government has taken several initiatives to
Dhaka, Delhi need to get rid of irritants
Experts say both have to learn lessons from pandemic, work together efficiently to boost trade, connectivity
India announced to provide $62 million more line of credit in the remaining $800 million tranche.
Diplomatic Correspondent
Diplomatic Correspondent
Learning lessons from the coronavirus pandemic and climate change fallouts, India and Bangladesh need to work more effectively to boost trade, connectivity and environmental protection while removing all irritants at the soonest, said foreign relations analysts from the two countries.
The two friendly neighbours, which have historical and cultural bonds, should also nurture the values of mutual respect and collaborate on regional integration, they said at a virtual webinar titled Bangladesh-India Relations: Prognosis for the Future organised by COSMOS Foundation on Thursday night.
Focus on health and social protection, not GDP growth
CPD says in budget proposal Star Business Report Star Business Report
The upcoming budget should focus on health, social protection and job creation to shield the people from the impacts of the second wave of the coronavirus, instead of putting too much attention on economic growth, the Centre for Policy Dialogue (CPD) said yesterday.
The think-tank also reiterated the need for an expansionary macroeconomic stance in the budget for 2021-22, accommodating the required additional public spending. The budget will have to allocate resources in a way that would address the needs of both the immediate and the recovery phase.
Women entrepreneurs bear the brunt of pandemic thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.