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Next budget must focus on boosting revenues-531575


Next budget must focus on boosting revenues
Speakers tell IBFB webinar
24th January, 2021 12:19:09
Reforms in tax policies, encouraging investment and raising revenue collection should get priority in preparing the next fiscal’s budget, economists and business leaders said on Saturday.
The recommendations came at a webinar on National Budget 2021-22, styled: Policy Recommendation oraganised by International Business Forum of Bangladesh (IBFB).
President of IBFB Humayun Rashid made the opening remarks while Former Chairman of NBR Dr Muhammad Abdul Mazid presented the keynote paper.
Former Governor of Bangladesh Bank Dr Atiqur Rahman, Distinguished Fellow of Centre for Policy Dialogue (CPD) Dr Debapriya Bhattachrya, Bangladesh Institute of Development Studies (BIDS) Director General Dr Khan Ahmed Sayeed, Legal Economist and Vice President of IBFB MS Siddiqui and Chairman of BSRM group of companies Alihussain Akberali, spoke as the panel discussants. ....

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LDC Graduation Towards An Uneven Trade War


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LDC Graduation Towards An Uneven Trade War
The New Nation
M S Siddiqui :
Bangladesh met the criteria and assuming graduation from LDC and therefore, would be expected to take place in 2024. Upon graduation, there will be direct impacts of the withdrawal of international support measures (ISMs) that are exclusive to LDCs. These measures relate to trade, development cooperation, and support for participation in the United Nations system entities and processes.
Bangladesh would lose access to duty-free quota-free (DFQF) arrangements and simplified rules of origin reserved for LDCs. In this case, the impact will be on the export of garments and employment in the industry. About 75 percent of its total exports were to preference granting countries and that most exports to those countries enjoyed DFQF treatment under LDC-specific preferential schemes and shall feel the remarkable loss of preferences. About 60% of manufacturing employment and th ....

United States , European Union , Eu Special Arrangement For Sustainable Development , United Nations , Everything But Arms , Sustainable Development , Good Governance , Combined Nomenclature , Free Trade Agreement , Asia Pacific Trade Agreement , South Asian Free Trade Agreement , Legal Economist , ஒன்றுபட்டது மாநிலங்களில் , ஐரோப்பிய தொழிற்சங்கம் , யூ சிறப்பு ஏற்பாடு க்கு நிலையான வளர்ச்சி , ஒன்றுபட்டது நாடுகள் , எல்லாம் ஆனால் ஆயுதங்கள் , நிலையான வளர்ச்சி , நல்ல ஆளுகை , சட்டப்பூர்வமானது பொருளாதார நிபுணர் ,