In its assessment of the proposed national budget for fiscal 2014-15, Unnayan Onneshan , an independent multidisciplinary think-tank, has said that the government’s fiscal measures may fall short to accelerate the economy to achieve the targeted 7.3 percent GDP growth.
Finance Minister AMA Muhith on Thursday placed in Parliament the Tk 250,506 crore national budget eying 7.3 percent GDP growth with a high hope that this budget will provide necessary guidelines for accomplishing the planned activities of the government.
Stating that the budget is ‘long on targets, short on realities’ in achieving goals, the Unnayan Onneshan said that the share of investment to GDP needs to rise at 34.24 percent in FY 2014-15 in order to achieve the proposed rate of growth of 7.3 percent if the incr...
Wearing sandals and draped in a dark-blue sari, Aparajita Chakraborty glides into the cluster of hilltop homes with the self-assurance of someone who has long been making house calls.
She has. For more than 30 years, Chakraborty has been visiting this extended family, doing checkups and dispensing advice. But she is no doctor, she’s a community health worker who has been dispatched by the local hospital. Yet she has won the trust and gratitude of the surrounding villages by saving lives – mainly from cholera and other deadly diarrhoeal diseases.
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Speakers in an event in the capital have expressed concern over the public sanitation system in the city, especially for the commuters. They have urged to construct proper sanitation facilities, primarily safe and hygienictoilets, for the commuters.
The event was organised marking inaugural of a new public toilet at Gabtoli Bus Terminal in the capital. Dhaka North City Corporation has constructed the establishment with support of H&M Conscious Foundation through WaterAid Bangladesh.The public toilet will have separate toilet chambers and shower facilities for men and women and persons with disability. It will also have a left luggage locker service for the toilet users.
The Unnayan Onneshan called for prudent management of the economy as the economic growth in the current fiscal year is likely to experience a decelerating rate for the third time in a row from those of the preceding years.
The Unnayan Onneshan cautions in its pre-national budget publication, “Dealing with Deceleration: State of Bangladesh Economy and Development 2013-14” that the management of an economy is contingent upon the efficacy of macroeconomic policies in preventing fluctuations in output and employment and if the current expedient regimes continue the deceleration could not be averted.
The current annual number, which has scrutinised the major macroeconomic indicators of growth and development, finds that short-sightedness in fiscal management and inappropriate contract...
Fifteen civil society organisations promoting human rights on Saturday accused the government of favoring multinational companies (MNCs) with tax rules.
They also demanded stopping further extension of value added tax (VAT) net as planned for the upcoming budget as it is ‘regressive to poor’.
They came up with the demands at a rally in front of the National Press Club, said a media release.
The 15 participating organisations are Arpon, Bangladesh Bhumihin Samity, Bangladesh Krishak Federation, Coastal Development Partnership, Kishani Sava, Na...
Noted economist Rehman Sobhan yesterday called for structural changes to the malfunctioning capitalist system to provide new opportunities to the country’s common people that have actually built the nation.
“The younger generation and leftist politicians will have to find structural solutions to the malfunctioning capitalist system to offer a new order of opportunity to the ordinary people,” Prof Sobhan said during a discussion meeting in Dhaka, the Daily Star reported.
