Fahmida Khatun, executive director of the Center for Policy Dialogue (CPD), believes that the measures announced in the budget are unrealistic in dealing with the ongoing economic crisis.
She said, in view of the ongoing economic crisis and problems, the overall economic indicators announced in the budget proposal, the assumptions used in those indicators and the estimates made for those indicators seem to us to be unrealistic and impossible to achieve.
Executive Director of the organization Dr. Fahmida Khatun said this.
She said that the solutions that have been proposed to curb the pressure of inflation and rising prices of products are not possible. They will not be able to bring the inflation rate down to 6 percent through them. The fiscal measures taken to curb inflation would have provided some relief by tax concessions on certain imported goods. But no such initiative was seen.
Dr. Fahmida said, we talked about increasing the tax-free life span. Here the tax free life limit has been increased from Tk. 3 lakh to TK. 3.5 lakh, which is very good. But besides that, the tax of 2000 taka regardless of the income seems inconsiderate. The obligation to pay this Tk. two thousand should be waived.
She said, besides, there is no action in the budget regarding the economic reforms that we had said. This budget has been formulated at a time when the IMF has different conditions. The IMF was mentioned three times in the budget presentation. But nothing is clear about the conditions. However, as we have seen, there is some indication of compliance with those conditions in the various targets.