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UK to support BD to raise tax-GDP ratio

by The Bangla Herald
UK to support BD to raise tax-GDP ratio

The UK government is willing to provide support to Bangladesh in curbing inflation and raising the tax-GDP ratio, Foreign Minister Dr Hasan Mahmud has said.

The minister said this while briefing the reporters after a meeting with the British High Commission Sarah Cooke at the foreign ministry on Wednesday.

“The tax-GDP ratio in Bangladesh is one of the lowest in the world and it is crucial to raise the ratio. We have discussed the issue and the UK is interested in providing us assistance in this regard,” he said.

The foreign minister also mentioned that the central bank is in talks with the Bank of England seeking cooperation to curb inflation in Bangladesh.

Climate change, the Rohingya issue, and migration security cooperation were featured during the discussion.

The minister said that he requested the High Commissioner to expedite the visa-issuing process for those who want to meet their family members in the UK.

Responding to a question, he said that the government will do everything necessary to implement the verdict against convicted BNP leader Tareq Rahman.

Earlier, talking to the reporters the British High Commissioner said that Britain wants to strengthen its partnership with Bangladesh in the coming days.

She said trade and investment got special focus in the meeting and they also discussed issues related to security cooperation.

Cooke pointed out that as cited in the post-election statement issued by her government on January 8, Britain will continue to engage with Bangladesh on the issue of democracy and human rights.

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