Economic Reporter :
The proposed budget lacks prudent and farsighted solutions to the current challenges except it earmarks an ambitious target of uplifting private investment amidst lack of business confidence, said Unnayan Onneshan (UO) in its rapid assessment of the proposed national budget for the FY 2016-17.
The independent multidisciplinary think-tank Unnayan Onneshan (UO) stated that the proposed budgetary measures for the year of 2016-17 fall flat in addressing the exceptional circumstances of investment stagnation, infrastructural deficit, rising unemployment and escalating inequality amidst institutional fragility.
Unnayan Onneshan pointed out that private investment has been remaining stagnant and has stood at 22.07 percent of GDP in FY 2014-15 and 21.78 percent in FY 2015-16.
The proposed budget lacks prudent and farsighted solutions to the current challenges except it earmarks an ambitious target of uplifting private investment amidst lack of business confidence, said Unnayan Onneshan (UO) in its rapid assessment of the proposed national budget for the FY 2016-17.
The independent multidisciplinary think-tank Unnayan Onneshan (UO) stated that the proposed budgetary measures for the year of 2016-17 fall flat in addressing the exceptional circumstances of investment stagnation, infrastructural deficit, rising unemployment and escalating inequality amidst institutional fragility.
Unnayan Onneshan pointed out that private investment has been remaining stagnant and has stood at 22.07 percent of GDP in FY 2014-15 and 21.78 percent in FY 2015-16.
