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Even if the price of dollar increases, it will not affect the imports - The Present World
December 6, 2024, 4:38 am

Even if the price of dollar increases, it will not affect the imports

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  • Update Time : Thursday, May 9, 2024

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman believes that even if the price of dollar increases, there will be no impact on imports in the country. But there will be a huge impact on exports. As a result, remittance income and export-oriented industries will benefit, he said.

He said these things in a briefing with reporters after the opening ceremony of the US Trade Show on Thursday (May 9).

He said there was no option to increase the price of the dollar to face the economic challenges.

Prime Minister’s Private Industry and Investment Adviser said that increasing the price of the dollar will reduce the pressure on the reserves. It was very necessary to bring inflation under control. Inflation is above 9 percent which we need to reduce. At the same time, increasing the price of the dollar will not put any pressure on the country’s economy. That’s because the country is doing very well in the agricultural sector. We have become self-sufficient in food.

Salman F. Rahman called on all those who have tin to be brought under the tax and said that more tax is being imposed on those who are paying tax. All those who have tin should be brought under the tax. At the same time the tax net should be increased by reducing the tax rate. Countries around the world that have reduced tax rates and increased tax nets have seen revenue rise.

Salman F. Rahman urged to bring all the traders under the tax, said that under the leadership of the Prime Minister, many people are doing good business in the upazila and even in the rural areas. They should also be brought under tax.

The prime minister’s investment advisor also believes that if the currency of the countries from which the world imports more is traded, then the pressure on the dollar will be reduced.

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