Next budget to set 6.5pc growth target
Finance Adviser Mirza Azizul Islam yesterday said the next fiscal year's budget would set target to achieve 6.5 percent growth in GDP and keep the inflation rate within 9 percent.
He also said it would focus on creating a business- and investment-friendly climate.
Talking to reporters after a meeting with the National Board of Revenue (NBR) officials, the adviser said revenue growth target would be 17 percent higher than this year's growth.
Bangladesh Bank (BB) forecast says GDP growth in the current fiscal year would be 6.0-6.2 percent.
According to Bangladesh Bureau of Statistics (BBS), inflation has already exceeded 10 percent mark both on point-to-point and averages basis.
Asked about the meeting with NBR officials, Mirza Aziz said, "We have discussed how to make the tax structures business-friendly and lessen discretionary power of tax officials."
At the briefing at the planning ministry, he talked about the agricultural census that began yesterday and asked all sections to cooperate by providing details on agriculture.
The information will be used in formulating agriculture policy and planning programmes like the one to increase crops production, he observed.
The adviser said the census report is expected to be published by June next year after processing the information to be collected simultaneously in urban and rural areas.
Planning Secretary Zafar Ahmed Chowdhury and BBS Director General AYM Ekramul Huq were present at the briefing.
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