Reliance on borrowing to meet the budget deficit may not be favourable for the recovery of the banking sector, he says

The veteran industrialist maps out strategy focusing on energy security, governance, and banking sector overhauls

The welfare of all classes of people will be featured in this budget, he says

He welcomed the government’s commitment to keeping corporate tax rates stable, reducing financing costs and offering incentives to foreign investors

Reliance on borrowing to meet the budget deficit may not be favourable for the recovery of the banking sector, he says

The Foreign Investors’ Chamber of Commerce and Industry (FICCI), the Dhaka Chamber of Commerce and Industry (DCCI), the Institute of Chartered Accountants of Bangladesh (ICAB),…

It warns that the absence of a corporate tax roadmap and mandatory e-VAT rollout may create challenges for businesses

The new budget comes after the BNP took over a fragile economy and chaotic administration, he says

The think tank warns missing revenue targets will force government to borrow from banks, pushing up inflation