On the question of Jatiya Party MLA Syed Abu Hussain mentioning that the tax revenue was less than the target in the last financial year, Kamal said that the desired revenue collection has failed due to economic recession after Kovid, Russia-Ukraine. War, global monetary policy and austerity policy.
Responding to another question from Latif, he highlighted various initiatives of the government to ease the dollar crisis in Parliament.
He informed that domestic banking units (local banks) have been empowered to raise foreign exchange funds from their offshore banking operations, which will be applicable till June 30, 2023.
To ensure adequate supply of edible oil, chickpeas, pulses, peas, onions, spices, sugar and dates during the month of Ramzan, a delayed payment system of 90 days has been given to import all these products. products, the Finance Minister said. This will remain in force till 31 March 2023.
The opportunity to trade with the country’s currency has been provided with an aim to facilitate trade with China, he added.