Chattogram Bureau :
President of Chattogram Metropolitan Chamber of Commerce and Industry Khalilur Rahman in his instant reactions on the proposed national budget for 2018-19 said the rate of interests on Bank loan will not come down unless the corporate tax is not lessened to the maximum extents.
He said if the bank loan interests not comes in single digit , the advantages of investments and employment opportunities will not be increased. He further said the monitoring on Banking sector by the concerned authority is not enough for which irregularities in the sector are occurring frequently . He disclosed it immediate after announcement of the proposed national budget yesterday. He also hailed the Finance minister for announcing a ever big budget .Noted industrialist Khalilur Rahman said it is most essential to undertake pragmatic measures by the govt agencies to implement cent percent ADP sanctions and if the ADP is implemented fully, country will get uninterrupted power supply, better communications network, and If the port is developed , the foreign exchange income will go up as well as the increase of employment opportunities with foreign investment and industrialization.
These are the basic roots of increasing the GDP , he added. He said there is no alternative of safeguard of local industries for increasing the GDP. He fears if the budget is not implemented fully, the overall progress of the country will hamper. He also proposed for employing local manpower instead of foreigners and higher budget allocation for creating skilled manpower in the country is mandatory.
He urges the concerned authorities to abide the govt policy strictly in employing the local manpower. He said the increase of tax on tobacco is a time befitting decision and hailed for that.
President of Chattogram Metropolitan Chamber of Commerce and Industry Khalilur Rahman in his instant reactions on the proposed national budget for 2018-19 said the rate of interests on Bank loan will not come down unless the corporate tax is not lessened to the maximum extents.
He said if the bank loan interests not comes in single digit , the advantages of investments and employment opportunities will not be increased. He further said the monitoring on Banking sector by the concerned authority is not enough for which irregularities in the sector are occurring frequently . He disclosed it immediate after announcement of the proposed national budget yesterday. He also hailed the Finance minister for announcing a ever big budget .Noted industrialist Khalilur Rahman said it is most essential to undertake pragmatic measures by the govt agencies to implement cent percent ADP sanctions and if the ADP is implemented fully, country will get uninterrupted power supply, better communications network, and If the port is developed , the foreign exchange income will go up as well as the increase of employment opportunities with foreign investment and industrialization.
These are the basic roots of increasing the GDP , he added. He said there is no alternative of safeguard of local industries for increasing the GDP. He fears if the budget is not implemented fully, the overall progress of the country will hamper. He also proposed for employing local manpower instead of foreigners and higher budget allocation for creating skilled manpower in the country is mandatory.
He urges the concerned authorities to abide the govt policy strictly in employing the local manpower. He said the increase of tax on tobacco is a time befitting decision and hailed for that.
