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Govt should reduce inequality, improve business climate

A SHARP increase in the number of bank accounts having deposits exceeding Tk 1 crore in the last quarter of 2024 brings a number of issues and concerns to the fore. As Bangladesh Bank data show, the number of such accounts rose by 4,954 in the quarter, reaching 122,081 from 117,127 in September. While the rise indicates the restoration...

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Dearness allowance: root of inequality?

THE recent decision to provide dearness allowance for government employees has sparked debates among economists, politicians and policymakers. Many arguments seem disconnected from reality and fail to consider the broader socio-economic context. Critics have presented views that do not always align with the financial struggles faced by most government employees...

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Food waste intensifying inequality: experts

Experts at a seminar on Sunday said that food wastage intensified food insecurity and social inequalities, creating a significant divide between those who can afford to waste food and those who struggle with hunger...

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Recover laundered money to check inequality: BEA

To check rising income inequality, the government should focus on alternative sources of revenues, including wealth tax, recovery of laundered money, recovery of undisclosed money and tax on foreign citizens, said the Bangladesh Economic Association on Monday...

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Coming budget will widen inequality: CPB

Leaders of the Communist Party of Bangladesh on Sunday at a press conference said that the proposed budget for financial year 2024-25 would widen inequality and the rich would be richer while the poor would be poorer...

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Inequality curb聽 stressed聽聽

Higher revenue generation from direct taxes to tackle dangerous-looking income inequality should get top priority in the upcoming national budget....

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