Kamal defends pro-business FY22 budget

Finance Minister AHM Mustafa Kamal today said his government would be able to implement the budget for the upcoming fiscal year like it did in the past.

He also defended the corporate tax cuts unveiled in the budget yesterday and other tax and value-added tax measures to support the domestic businesses and industries.

"This will boost collection. We will be winner. This is a win-win situation."

Kamal said the private sector had to be facilitated to put them in the driving seat in creation of jobs and taking the country forward. Thanks to the tax measures, businesses will produce more and create more jobs."

He made the comments at the post-budget media briefing held virtually today.

At the briefing, Abdur Rouf Talukder, senior secretary of the finance division, said the government has set aside Tk 14,200 crore to buy coronavirus vaccines for the next one year.