Speakers for framing pandemic-focused budget in FY22
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DHAKA, May 4, 2021 (BSS) – Speakers at a webinar today stressed the need for framing a COVID-19 pandemic focused budget for the next fiscal year (FY22) putting highest priority to the health sector to mitigate the health related risks alongside focusing on sound macroeconomic management, widening social safety nets, raising the tax-GDP ratio and generating more employments.
The speakers also emphasized on strengthening the ongoing vaccination programme, carrying on necessary tax reforms as well as reducing the corporate tax rates, ensuring proper budget implementation and quality spending of development projects, addressing the livelihood issues in the context of pandemic, prioritizing the CMSMEs and bringing the education sector under the purview of the stimulus packages.
Give priority to health sector, economic recovery in next budget: Experts
Staff Correspondent
5 May, 2021 12:00 AM
Leading economists on Tuesday stressed the need for a recovery-focused budget for 2021-22 fiscal, putting the highest priority on the health sector alongside focusing on sound macroeconomic management, widening social safety nets, raising the tax-GDP ratio and job creation.
The leading economists also emphasized strengthening the ongoing vaccination programme.
They also underscored the need for tax reforms, proper budget implementation and quality spending on development projects, addressing the livelihood issues in the context of the pandemic, prioritizing the CMSMEs and bringing the education sector under the purview of the stimulus packages.