• Thursday, July 31, 2014

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Centre For Policy Dialogue

Private investment the key

Private investment the key

The economy faces an impossible task of raising private investment by Tk 75,000 crore in fiscal 2014-15 to achieve the desired 7.3 percent GDP growth, the Centre for Policy Dialogue said yesterday. To that end, private investment needs to rise to 25 percent of gross domestic product from the present 21 percent, an increase...

Tax receipts rise in April, full year off the target

The tax authority saw a rise in revenue receipts in April than a month ago due to increased monitoring and a steady recovery of the economy from political unrest. In April, tax collection went up 15 percent year-on-year to Tk 11,541 crore, thanks a higher flow of taxes from domestic and external trade related sources. In March, tax grew only 6 percent year-on-year. The overall collection rose 9.16 percent year-on-year to Tk 90,704 crore in July-April of the current fiscal year, according...

CPD fellow Rahmatullah passes away

CPD fellow Rahmatullah passes away

Dr Mohammad Rahmatullah, a senior fellow at Centre for Policy Dialogue (CPD), passed away at United Hospital in the capital this morning at the age of 74. Rahmatullah, who had been suffering from pancreatic cancer, breathed his last at the hospital at 9:05am. The former planning commission member and director of UN-ESCAP Bangkok worked extensively on the Asian highway and connectivity between Saarc countries to promote regional economic growth. Rahmatullah, a highly respected member of the community, led the Gulshan Park development initiatives, establishing it as a cornerstone for the Gulshan community. He is survived by his wife, Qudsia Rahmatullah, his three daughters, three sons-in-law and five grandchildren. His namaz-e-janaza will be held at...

Budget to outline plans for next five years

Budget to outline plans for next five years

Finance Minister AMA Muhith said the upcoming budget will outline programmes for the next five years, which will boost confidence of businesses and give a 'signal' that political stability will prevail. "I am sure that these plans will be implemented. This is supposed to be a sort of signal that still there is stability,"...

Restore participatory political, electoral process: CPD

Restore participatory political, electoral process: CPD

The Centre for Policy Dialogue (CPD) today said the country would not get rid of the prevailing economic concerns unless it gets back on a participatory political and electoral process. Some recent non-economic concerns like security of assets and lives have further affected investors’ confidence, which forced them (investors) to shelve their big investment...

Recipe to bolster economy

Recipe to bolster economy

The Centre for Policy Dialogue yesterday came up with a host of suggestions for the government to revive the economy battered by months of political turmoil. The think-tank, which termed the budget surreal when Finance Minister AMA Muhith unveiled it last June, said by the middle of the fiscal year it has become obvious...

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