DHAKA: Bangladesh Economic Association (BEA), a platform of professional economists, proposed an alternative budget of Tk 12,40,090, free of foreign loan, for the fiscal year 2019-2020.
In the budget, they estimated the tax income at Tk 10,02,510 crore; of which 69 percent will be counted as direct tax and 31 percent indirect.
BEA President Economist Prof Dr Abul Barkat presented the budget, on behalf of the association, at a press briefing at the conference hall of CIRDAP International Auditorium in Dhaka Saturday (May 25).
BEA General Secretary Dr Jamaluddin Ahmed delivered the opening speech.
However, BEA proposes an alternative budget each year, since 2015-16 fiscal year.
BDST: 2043 HRS, MAY 25, 2019