Finance Minister AMA Muhith says an implementable budget has been proposed for Fiscal Year 2018-19.
The Centre for Policy Dialogue (CPD) in its analysis of the National Budget for FY 2018-19 strongly opposes the government’s move to lower corporate tax rate for banks, insurance and financial institutions by 2.5 percent in the proposed budget.
Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.
Finance Minister AMA Muhith proposes to borrow Tk 42,029 crore from the banking sources to manage the deficit financing.
Finance Minister AMA Muhith proposes to keep a block allocation of Tk 300 crores for managing risks arising out of earthquake.