• Thursday, Sep 20, 2018
  • Last Update : 06:40 pm

Budget FY19: School bus import to get duty reduction, exemption

  • Published at 07:42 pm June 7th, 2018
  • Last updated at 10:00 pm June 7th, 2018
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Collected

Finance Minister AMA Muhith believes through providing safer and easier transportation by introducing dedicated school buses, traffic jam in Dhaka could be reduced. 

The government will consider concession or exemption of duties on the importation of school buses upon receiving intents from schools or related agencies, aiming to reduce traffic jam in capital Dhaka.

Finance Minister AMA Muhith said this while placing the national budget for fiscal year 2018-19 in parliament on Thursday.

"Most schools in Dhaka City don't provide school bus service for commuting of their students. So, students are using family-owned private cars when commuting between schools and homes. This may be one of the reasons of traffic jam in Dhaka city," he said.

Like developed countries, through providing safer and easier transportation by introducing dedicated school buses, traffic jam in Dhaka could be reduced, he added.

The minister on Thursday tabled a Tk4,64,573 crore budget for the next fiscal year with a GDP growth target of 7.8%.