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flag Bangladesh defends VAT hike as crucial for economy, faces criticism for being "inconsiderate."

flag At a symposium in Bangladesh, officials defended a recent increase in Value Added Tax (VAT) as crucial for economic management, while economist Debapriya Bhattacharya criticized the move, calling it "inconsiderate." flag Bhattacharya highlighted concerns over indirect taxation, lack of tax strategies, and urged reforms to address economic slowdown and investment issues. flag The interim government also plans to develop five special economic zones to boost investment.

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