Speakers at a webinar on Sunday stressed the need for putting more attention to the Cottage, Micro, Small and Medium Enterprises (CMSMEs) as well as ensuring a speedy distribution of funds from the stimulus packages to ensure their sustainable recovery from COVID-19 pandemic. They also emphasised
[media type="image" id="939097" layout="portrait" position="right" caption="1"][/media] Economists and businesspeople in general have labelled the proposed national budget for fiscal 2021-2022 a conventional one which is seemingly a continuation of last year's financial plan. Besides, the necessary allocations and strategy reforms needed to address the new challenges stemming
Made in Bangladesh products may enjoy VAT exemption Changes likely in AT, AIT to support local industries Tax exemption for women entrepreneurs to continue Five new IT servicesto get tax exemption facility New agro-based ventures to enjoy tax exemption
Speakers for framing pandemic-focused budget in FY22
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DHAKA, May 4, 2021 (BSS) – Speakers at a webinar today stressed the need for framing a COVID-19 pandemic focused budget for the next fiscal year (FY22) putting highest priority to the health sector to mitigate the health related risks alongside focusing on sound macroeconomic management, widening social safety nets, raising the tax-GDP ratio and generating more employments.
The speakers also emphasized on strengthening the ongoing vaccination programme, carrying on necessary tax reforms as well as reducing the corporate tax rates, ensuring proper budget implementation and quality spending of development projects, addressing the livelihood issues in the context of pandemic, prioritizing the CMSMEs and bringing the education sector under the purview of the stimulus packages.
Give priority to health sector, economic recovery in next budget: Experts
Staff Correspondent
5 May, 2021 12:00 AM
Leading economists on Tuesday stressed the need for a recovery-focused budget for 2021-22 fiscal, putting the highest priority on the health sector alongside focusing on sound macroeconomic management, widening social safety nets, raising the tax-GDP ratio and job creation.
The leading economists also emphasized strengthening the ongoing vaccination programme.
They also underscored the need for tax reforms, proper budget implementation and quality spending on development projects, addressing the livelihood issues in the context of the pandemic, prioritizing the CMSMEs and bringing the education sector under the purview of the stimulus packages.