Budget for FY18 acceptable: IBFB

Dhaka,  Thu,  24 August 2017
Published : 14 Jun 2017, 20:26:57

Budget for FY18 acceptable: IBFB

International Business Forum of Bangladesh (IBFB) termed the proposed budget for fiscal year 2017-2018 (FY18) as acceptable and rational in consideration of the country's economic growth and expansion of business.

"The budget of Tk 400,266 crore for FY 2017-18 is not a luxurious one. We think that according to our economic growth and business expansion, it is acceptable," IBFB president Hafizur Rahman Khan said at a press conference in here today.

He said in order to foster the overall economic development and strengthen the economy there is no alternative to creative and target oriented budget.

"IBFB believes that, to make Bangladesh a middle income nation by 2021 and a peaceful developed country by 2041, a diversified, expanded and implementable budget is highly essential," he added, according to BSS.

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