Khulna Chamber terms proposed budget pro-people, realistic
Khulna Chamber of Commerce & Industry (KCCI) termed the proposed national budget for the 2018-19 fiscal as pro-people, time- befitting and realistic for building a middle income nation.
After assessment of the proposed budget with the KCCI executive committee members and directors, its president Kazi Aminul Haque hailed the proposed budget and suggested for its proper implementation.
He hailed the proposed budget for allocations for Mega Projects to enhance GDP growth rate and pro-people sectors like health, education, development of human resources, electricity, electronics raw material, iron and steel, construction material, cancer medicine, poultry industry, kids food, social safety-net, transportation, communication and ICT.
The KCCI President termed appropriate the special initiatives for agriculture, rural uplift, creation of jobs, attaining self-reliance in coping with climate change impacts, utilisation of external economic opportunities, enhancing remittance and creating newer export markets.
He said enhanced subsidy and incentives in the agriculture sector and increase in import taxes for rice and maize would be effective in preserving interests of the farmers and hailed the decision for continuing current tax facilities on importing essential goods for containing inflation.
Besides, he termed realistic the proposals in the proposed budget for reducing export taxes on sources for the hybrid vehicles, machineries of human haulers, gas cylinders for cars, frozen foods, jute, leather, vegetables and packed foods.
The KCCI President exemption of taxes and rebates on imports of computer machineries, parts and accessories, server rack for cyber security, Wi-Fi, access point, firewall, finger print and biometric scanners and tax free e-commerce would further accelerate the process of digitisation in building a middle-income nation.