The budget for the upcoming fiscal year, presented in the context of inordinately complex economic circumstances, reflects both the government’s restraint and limitations.

Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted economist Debapriya Bhattacharya said yesterday.

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.

“Per capita income is the income that is not seen by mass people but built on a few people.”

The government should prioritise job creation and inflation control in the budget for the next fiscal year in a bid to help the marginalised people survive amid higher prices of essentials, said the Citizen’s Platform for SDGs, Bangladesh, yesterday.

The upcoming national budget for 2022-23 should focus on creating jobs and controlling inflation for the survival of the marginalised people, said Debapriya Bhattacharya, convener of the Citizen’s Platform for SDGs, Bangladesh.

The National Board of Revenue (NBR) asks banks to provide financial information on accounts held by Centre for Policy Dialogue’s Distinguished Fellow Debapriya Bhattacharya, his wife and their family members within seven days.