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IMF acknowledges Bangladesh’s outstanding socioeconomic progress: Finance Minister

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Finance Minister AHM Mustafa Kamal On Saturday said the International Monetary Fund (IMF) in ‘an open mind acknowledged’ the outstanding achievements of Bangladesh in socio-economic progress.

 

Kamal said this while speaking as the chief guest at the National VAT Day event, held in a hotel in the capital. Chairman of the National Board of Revenue (NBR) Abu Rahmatul Muneem presided over the function.

 

Read more: Finance Minister Mustafa Kamal urges global leaders to ease economic crisis

 

“The success of Bangladesh is not the only achievement of the government. This achievement has been possible with the involvement of the people of this country, so we owe it to the taxpayers,” Kamal said.

 

Jasimuddin, president of FBCCI, complained that a businessman had paid Tk 1.0 crore as VAT last year. This year he will have to pay Tk1.0 crore VAT – the VAT officials put him under such pressure.

 

“If the business is bad this year, why should the businessman pay Tk1.0 crore of VAT?” The FBCCI president urged not to harass those who pay VAT regularly and not to create a situation of panic.

 

Read more: Mustafa Kamal dismisses reports about Bangladesh request for IMF loan

 

NBR members, senior tax officials, and business leaders were also present at the function.

 

Source: United News of Bangladesh