Quoting the prime minister, Muhith told bdnews24.com: "It's not a good time to implement the 15 percent uniform VAT rate." Now the next government will implement the new VAT law and that will be in 2020." He also said IMF DMD Furusawa wanted to know why the government failed to implement the VAT law. Muhith led the Bangladesh delegation in the meeting at the World Bank Headquarters on the opening day of the IMF-Worlds Bank meetings, which will end on Oct 16. Besides Furusawa, he met World Bank CEO Kristalina Georgieva and Vice President at the World Bank for the South Asia Region Annette Dixon, and IMF Multilateral Investment Guarantee Agency DMD Keiko Honda.

Source: bd News24 October 12, 2017 20:48 UTC