Change fiscal year to coincide with calendar year

By Engr. ABM Nurul Islam, Dhaka
27 November 2017, 18:00 PM
UPDATED 28 November 2017, 00:00 AM
I wholeheartedly agree with the suggestion made by Biru Paksha Paul, in an op-ed piece published by this newspaper on November 12,

I wholeheartedly agree with the suggestion made by Biru Paksha Paul, in an op-ed piece published by this newspaper on November 12, about changing the country's financial year to make it coincide with the calendar year. The current system starts and ends in the rainy season when field development work is difficult. As a result, we see a lot of diggings towards the end of the financial year, resulting in public misery, to achieve the ADP allocation target. Making the switch to the calendar year will enable a good start and a strong finish during the dry season. I hope the government will consider the proposal positively.