Dhaka, Feb. 10 -- The recent move by the National Board of Revenue (NBR) to slash customs tariffs on rice, sugar, and dates, while also removing the value-added tax (VAT) on edible oil imports, is a step in the right direction.
With Ramadan fast approaching, such measures aim to alleviate the burden on consumers and stabilize prices of essential commodities.
However, ensuring their effectiveness requires more than just regulatory adjustments.
The directive to reduce import tariffs on these items underscores the government's commitment to addressing the pressing issue of inflation, which has persistently plagued the nation, particularly impacting fixed- and low-income individuals.
The immediate response from consumers, expressing hope fo...