Bangladesh needs to boost productive investment: IMF

    Abrar Hussain: In its annual assessment of the economy, the IMF stressed that Bangladesh needs to boost productive investment by addressing ‘infrastructure bottlenecks’ and strengthening the banking sector in order to maintain the momentum in growth from low-income to a middle-income economy. Daisaku Kihara, IMF mission chief for Bangladesh said that Bangladesh continues to generate…

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      15 BRTC buses damaged in Uttara depot fire

      Raj Abrar: At least 15 buses of Bangladesh Road Transport Corporation (BRTC) were damaged when a fire erupted at a BRTC bus depot in Khilkhet area of Dhaka in the early hours of yesterday, reports The Daily Star. Eight of the damaged buses were already out of order, according to Road Transport and Bridges Minister…

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        ‘Tk 600,00 cr spent every year for drugs’

        Abrar Hussain: Member of the National Narcotics Control Board Dr Arup Ratan Choudhury has stated that around 70 lakh people in Bangladesh are drug addicts, spending almost Tk 600,00 crore (600 billion) on drugs every year. He disclosed the statistic at a roundtable discussion titled ‘Anti-drug Operation and Reality’ at the conference room of East…

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          Lot of spending in education sector, but no accountability

          Dr. Syed Anwar Hossain, Historian and Professor, Dhaka University : There is lack of good governance in spending what is allotted in the budget for the education sector. There is no accountability in the education ministry. The country’s education ministry and education sector are the most corrupt of them all. The government uses the taxpayers’ money…

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            Myanmar: The yaba-monger neighbor

            Sarwar J. Minar, Senior Officer, International Programs and Relations, IUB : After causing awful atrocities against the Rohingya people, another identity of Myanmar is gradually unfolding. It is a massive yaba producer and supplier; it has been smuggling yaba to its neighboring countries for a long period of time. Yaba (also known as energy pill, crazy…

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              Reducing bank corporate tax is logical

              Dr. Ahmed Al Kabir, Former Chairman, Rupali Bank : The proposal to cut corporate tax for banks in the upcoming budget is logical. Previously, the rate was very high, but now it is at a reasonable level. Excluding cigarettes and a few other sectors, nearly every other sector has been reduced to or below this level….

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                Reintroduce pipeline gas supply to households

                Prof. M Tamim, Chairman, Petroleum and Resources Engineering Department, BUET : Problems in gas supply to domestic consumers during Ramadan are created due to the increased use in the industrial sector. For wider deficit this year, the problem deepened. Huge illegal domestic connections are added to it. Around 5,000 new connections have been added to 1…

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                  Why do careless drivers need counselling?

                  Dr Md Tajul Islam, Professor, National Mental Health Institute : The race between buses, minibuses or other motor-vehicles is not coming to an end. The whimsical attitude of drivers is not stopping either. The head of an old woman got separated after she fell under the wheels of a bus in front of the National…

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