AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.
A national budget is different from a family budget, in that, the government fixes its expenditure first and then goes for hunting the sources of income, whereas a family gets its income and then determines the items of expenses.
In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.
There are very few programmes that exclusively target the extreme poor. A background paper has revealed the actualw amount allocated in the budget for the extreme poor may be even below 1 percent of the GDP.
Bold and aggressive measures are needed to establish specialised economic zones to attract private investment. Large scale public investments are required for special economic zones. Thus, the call for very ambitious growth target for revenue seems justifiable.
Finance Minister AMA Muhith makes another correction to the proposed budget proposal, admitting that such mistakes are creating problems and instability in the market.
Writing on budget has become a challenge for me not only because so much has already been discussed, but there is barely anything original in the budget.
Jatiya Pratibandi Forum (JPF), in a press conference on Sunday, highlighted that there has not been any significant allocation for development of people with disabilities in the national budget...