Bangladesh

Financing the budget is challenge: CPD

 

 

Centre for Policy Dialogue (CPD) said on Friday placing doubts on whether the revenue target can be met that Financing the 2015-16 fiscal budget would be its biggest challenge

The think-tank expressed this in its reaction on the Tk 2.95 lakh crore budget, the biggest ever in the history of the country, placed at the Jatiya Sangsad  on Friday by Finance Minister AMA Muhith.

The mega budget aims at 7 percent growth and targets over Tk 2.08 lakh crore in revenue – 84 percent of  that will be provided by the National Board of Revenue (NBR) in the form of VAT, income tax, import duty and others.

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