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Dhaka Tribune

Muhith: Revenue target not possible

Update : 12 Mar 2014, 08:23 PM

Finance Minister Abul Mal Abdul Muhit yesterday told the parliament that the government had made the decision to collect revenues for the 2013-14 fiscal year and said it would not be possible to achieve the revenue target because of political crisis and global recession.

The recent political situation of the country and global recession had negative impact on investment, export and import, the minister said while replying to a question of Awami League lawmaker Musfafizur Rahman of Chittagong 16 constituency.

The minister confessed that there was corruption in taxation and industrialisation, saying the government was not able to take action as there was no allegation in this regard.

“All corruption cases become normal if there is not any complaint. But if we get a complaint, we take action against it,” he said.

Replying to the question of M Abdul Lalif, the minister also said the government was informed about fraudulences in mobile and online banking, which mostly happened because of lack of IT related knowledge of the users. 

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