Finance Minister AHM Mustafa Kamal said that the businessmen of the country would become happy to see the national budget for the next fiscal year (FY24).
“There is nothing to be afraid of seeing the next budget. You won’t be looser,” he told the business community.
The finance minister said this while addressing as the chief guest at the 43rd Consultative Committee meeting of the NBR and FBCCI centering the next budget held at a city hotel.
Organized jointly by the NBR and the FBCCI, NBR Chairman Abu Hena Md Rahmatul Muneem chaired the meeting while FBCCI President Md Jashim Uddin moderated it.
Kamal said although global economic recession is prevailing across the globe, but the private sector has been steering ahead the economy of Bangladesh. “Bangladesh has advanced its position to 35 from 41 in the global economy. All have contributions to such feat. We’re now in the same line of India, Malaysia. We want to move ahead taking alongside all,” he said.
The finance minister noted that despite the fragile global economic condition, the economic attainments of Bangladesh are excellent.
“The global economic growth in this year would be 3.9% which was 3.5% last year. The economic growth before the pandemic was 3.8%. Despite this, the economic progress of ours is outstanding,” he said.
Kamal also mentioned that the international agencies like the World Bank and IMF have lauded highly the progress of Bangladesh.
Echoing with the Finance Minister, NBR Chairman Muneem said that everyone would be happy after getting the budget for the next fiscal year (FY24).
Stressing the need for enhancing the capacity of trade and commerce as well as industries to face the challenges of becoming a developed country, he said that the revenue board is framing policy in line of that.
The NBR chairman also called upon the business community to produce high-end products and thus boosting their exports.