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The planning minister, during the signing ceremony of the Annual Performance Agreement (APA) for FY2018-19, expressed his hope that Bangladesh economy would be able to achieve 8 percent growth in 2019-20 and 10 percent growth by 2028-29.
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The Finance Minister has placed the national budget for fiscal year 2018-19 before parliament for “discussion” and “approval” by the house.
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Pre-budget discussion for the upcoming fiscal year (2018-19) is going on in the fast track. Even though the Finance Minister will present the budget in parliament after more than a month, business associations are meeting the Chairman of National Board of Revenue (NBR) almost every day.
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The need for local government is stimulated by the rationale for transferring the authority, responsibility and resources from the national government to its field units, to enable them in decision-making, planning and management.
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Despite positive developments in bilateral trade, there are certain gray areas and constraining factors disfavouring Bangladesh in optimising mutual gains from trade.
