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Thu, Nov 14, 2019 1:24 PM
Sat, Jun 15, 2019 4:04

FBCCI welcomes black money whitening in budget

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The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has dubbed the proposed national budget for the 2019-20 fiscal year a “business-friendly” one.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has dubbed the proposed national budget for the 2019-20 fiscal year a “business-friendly” one.

“We thank Prime Minister Sheikh Hasina and Finance Minister Mustafa Kamal for announcing such a public and business-friendly budget,” FBCCI President Sheikh Fazle Fahim said at a budget reaction press conference in Dhaka.

He also welcomed the black money whitening windows in the proposed budget.

“We see positive things in the budget,” he said.

In response to a question, he said that if the government takes loan from banks then it will have an impact on the banking sector.

He also urged the government and the authorities concerned not to hassle businesses during the implementation of the new VAT law.

 

newsbangladesh.com/nbd