CSOs ask govt to stop capital flight

Published : Saturday, 5 June, 2021 at 6:06 PM Count : 647

Right based civil society organizations and networks leaded by EquityBD has asked the government to stop capital flight and enhance revenue mobilization.

They also opined that reforming bank sector is fundamental to strengthen governance practice in achieving the goal.

EquityBD organized an online press conference on proposed national budget for FY 2021-22 on Saturday.

The press conference was moderated by EquityBD Chief Moderator Rezaul Karim Chowdhury where Md. Abdul Awal of SUPRO (Campaign for Good Governance), Md. Hasan Mehedi of CLEAN (Coastal Livelihood and Environmental Action Network), Syed Aminul Hoque of EquityBd and Md Mostafa Kamal Akand from COAST Foundation, among others, spoke.

Ahsanul Karim in his key note presentation said government proposed Tk 3.30 trillion revenue mobilization through NBR and stepping to expand tax and VAT net in rural areas but did not mention any word how recovery approach of poor and middle classes suffering due to corona pandemic and pressurized by increasing trend of livelihood expenditures.

"This is a discriminatory approach in present situation of unemployment and redistributive justice. Better government should declare at least VAT exemption on daily essentials those will make easy the livelihood pressure of poor and middle classes," he added.

ALM/