Latest National Economic Council News & Updates

New Delhi/ Dhaka, Jan 29 (IANS) Bangladesh’s National Economic Council (NEC) has significantly downsized the health and education sector in the Annual Development Programme (ADP), according to a media report.In the tradition of reviewing the performance of the Annual Development Programme (ADP) at the mid-point of each fiscal year, the NEC downsized the ADP by about 12.5 per cent, to 208,935 crore taka (3.3 per cent of GDP) from its original budget allocation of 230,000 crore taka (3.7 per cen…

New Delhi, Jan 11 (IANS) The International Monetary Fund (IMF) and Pakistan’s Federal Board of Revenue (FBR) have ignored proposals outlined in Tax Reforms: Agenda for Self-Sustainability, which demonstrates the potential to collect Rs 30 trillion at the federal level alone, enabling Pakistan to overcome its monstrous fiscal deficit, eliminate dependence on fresh loans, achieve rapid economic growth, and provide social services to all citizens, according to an article in Lahore-based Friday Ti…