Money laundering, corruption, looting, inflation is
increasing.
To pull the reins, spending should be cut in
non-essential sectors.
Opposition politicians
believe that inflation is increasing due to money laundering, corruption and
looting. Talking to Yugantar, they said that the price of oil and food products
has fallen in the world market between Russia and Ukraine war.
But because of this
war, the prices of various things are being increased in Bangladesh one after
another. Recently, fuel oil prices have been raised to record highs. Human
suffering will become more limitless. Inflation will increase further. Leaders
of the opposition political parties suggested reducing the expenditure of
various unnecessary sectors of the government including stopping corruption and
looting to curb inflation.
Member of the BNP
standing committee. Miner Mosharraf Hossain said that the price of goods is
uncontrolled. Common people are disoriented by the pressure of inflation. The
government has recently increased the price of fuel oil. It affects everything.
When the price of fuel oil decreased in the international market, the price was
increased in Bangladesh.
He said that the
government has been saying different kinds of words at different times to cover
up corruption, looting and failure. Because of their looting economy, prices of
goods are increasing. Nowhere in the world has the situation been so bad as in
Bangladesh. Money laundering, looting, bank looting, reserve looting - if not,
the country will return to normal. Inflation is bound to come down.
Jatiya Party Secretary
General Mujibul Haque Chunnu MP said that the government is increasing the
expenditure day by day in the name of development projects. The project is not
completed on time. Rather, the term is increasing. Along with this, the cost is
also increasing. Added to this is money laundering, unlimited corruption and
looting.
Corruption along with
spending on underdeveloped sectors is destroying our economy. And to deal with
these, the government has increased the price of oil on various pretexts.
Earlier, the price of gas, water and electricity has increased. He said,
people's income is not increasing. But the cost is increasing. There is no
control over house rent, commodity prices. Because of this people's life is
becoming miserable.
People's Rights Council
convener and prominent economist Dr. Reza Kibria said the government is
increasing the price of gas, oil and electricity due to corruption and
inefficiency. Oil prices have started to fall abroad. But it has no effect in
Bangladesh. As the price of oil increases, the price of everything increases.
And the figures given by the government about inflation are false. Inflation
between 10 and 15 percent according to me. If the monitoring policy is not
fixed, the rate of inflation will not decrease.
He said that the cost
is actually 30 to 40 percent of what is being shown. So if the theft is
reduced, a lot of work can be done with less money. The tax on the rich is not
effective, it should be made effective. The government should increase its
income. Our country is now behind all countries. We collect only 10 percent of
GDP from taxes. It should increase a lot. Company tax should be increased.
Apart from this, the amount of theft should also be reduced. There are steps
that can be taken to reduce the impact of excess demand and prices.
Saiful Haque, general
secretary of Revolutionary Workers Party, said that the monetary policy of
Bangladesh Bank needs to be properly monitored when it should be contracted and
expanded. The value of money is rapidly decreasing. It is a dire situation.
First, a decision needs to be taken by taking an overall review, starting from
the monetary policy of the government. Second, the government's import cost
figures are misleading. The talk of a Russia-Ukraine war over energy is ridiculous.
Meanwhile, the price of fuel oil is decreasing in the international market due
to various reasons.
He said that BPC has
made a profit of 42 thousand crores in the last eight years. 18 to 20 thousand
crores went to the government treasury. And now they are arguing in favor of
fuel price hike as they have given Rs 8000 crore subsidy in the last eight
months. With the money they gained, they now had the opportunity to subsidize
the situation without raising prices. Now the increase in fuel prices has affected
all sectors.
Every family is
affected in some way. Prices are inflated where there is no rational reason. As
a result, the impact of the government's actions is not being taken seriously.
Although in this case the government needs to think with a cool head. The
import of luxury goods should be reduced for the next six months or a year.
Government expenditure should be reduced. Apart from this there are many other
such fields. Doing so can keep the economy stronger.
Edited by MD Zahirul Haque, AINews Correspondent, USA
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NEWS DATED:20/03/2022 By KS Service sp. Z oo in Poland.........................................................................................
Private employment can be an effective form of assistance offered to refugees from Ukraine. The problem, however, is that currently reporting to social insurance and settling contributions and income tax is so complicated and inaccessible that it effectively discourages people from offering legal employment. It is especially ineffective for small tasks, such as babysitting or helping with cleaning.
What is the matter of the aid offered to war refugees from Ukraine and their presence on the Polish labor market today?
In general, legislative work on the Act of 12 March 2022 on helping Ukrainian citizens in connection with an armed conflict in that country (Journal of Laws of 2022, item 583, hereinafter referred to as the Ukrainian special act) lasted only a week. As a result, the act entered into force on March 12 this year, with retroactive effect from February 24, 2022.
The Ukrainian special law, apart from issues related to the legalization of the stay of Ukrainian war refugees, also provides for a number of facilitations (related to, for example, access to the labor market), as well as material support (for example, access to the 500+ program and a one-time allowance in the amount of PLN 300). Financial assistance is also provided for those people who have taken in war refugees from Ukraine. The government, however, does not rule out an amendment to the recently enacted regulations, and experts have already indicated the areas that should be covered by this amendment.
So what changes do the experts suggest in the Ukrainian special act?
As emphasized by Dr. Tomasz Lasocki from the Faculty of Law and Administration of the University of Warsaw, the provisions on social security are secondary to the rules governing the labor market, hence it was concluded that providing access to it exempts the need to adjust insurance regulations.
However, the problem is that the reporting and settlement of public levies (i.e. social security, health and income tax contributions) is so complicated and inaccessible that it effectively discourages people from offering legal work, especially with regard to minor activities, such as cleaning or also care.
Read Inflexible Wage Supplements
Doctor Antoni Kolek from Employers of Poland is of a similar opinion, emphasizing that even today foreigners (and not only them) who perform simple works related to the construction industry or taking care of the house are in the gray zone.
Meanwhile, the influx of refugees from Ukraine may worsen the situation even more. According to Dr. Tomasz Lasocki, we are currently dealing with hundreds of thousands of people who are not aware of their rights. And even if they are knowledgeable about it, they are unable to stand up for their rights.
Hence, it would be definitely important to adapt the tax-contribution system to new challenges, which was additionally complicated by the entry into force of the tax reform under the name of the Polish Deal from 1 January this year. A priority for simplification should be to facilitate access to the social security system, especially as regards accounting and reporting.
According to Dr. Tomasz Lasocki, it should be expected that some people will certainly want to help war fugitives through private employment, i.e. outside of economic activity. Unfortunately, however, the Polish tax system charges such people twice, so it is definitely worth doing it with the help of an accountant. Generally, the payment for activities under private employment will probably go from hand to hand, which, without simplification, may become a standard.
So what to do to enable the legalization of private employment?
According to Dr. Antoni Kolek, it would be worth considering the introduction of temporary solutions that would simplify as much as possible all formalities related to offering refugees legal employment. On the other hand, Dr. Tomasz Lasocki is in favor of introducing systemic solutions.
In his opinion, work on the new generation of the Electronic Services Platform (ie the so-called PUE 2.0) should proceed as soon as possible. In the new version of this platform, the employer, by providing the amount of remuneration and some other basic information, should be able to quickly and efficiently settle both the basic employment contract and the civil law contract, without the need to have a doctorate in social security, which is still insufficient today.
Read the Official Foreign Language Certificate in a new language
The new system must cover both insurance premiums and taxes, linking the information provided with data from other payers. In this way, everyone should be able to settle, for example, a cleaning contract for PLN 200.
In general, experts have been calling for such changes and simplifications for a long time, but now this issue should be settled very quickly, within a maximum of 2 months from the outbreak of the war in Ukraine, after providing access to basic services, such as accommodation or access to health care.
It is also important that this simplification would benefit everyone, not only refugees from Ukraine. Generally, many people may, instead of an employment contract, sign specific work contracts or be encouraged to set up a business. This is happening now in the case of Polish citizens, let alone foreigners. Meanwhile, both must be aware that by using such solutions as, for example, start-up relief, they deprive themselves and their relatives of protection, even in the event of an accident at work. In addition, they must have a good understanding of the provisions introduced by the Polish Order to avoid this year's pitfalls in this regard. The problem, however, is that in order to assess these effects, you need to correctly forecast both your revenues and your income.
Therefore, if we do nothing in the context of simplifying the regulations, then most likely foreigners from Ukraine will help our labor market and economy, but at the expense of their own social and health security. So, pretending that there is no problem, we will be accused in the future of the exploitation of people looking for security in Poland.
To sum up, it is good that the aid provisions under the Ukrainian special act were passed so quickly and have already entered into force. First of all, it was necessary to secure both the legalization of the stay of war refugees from Ukraine and their basic needs. However, already now we should think intensively about changes and simplification of regulations, especially in the field of social security, so that the legal employment of people from beyond our eastern border is not so difficult and complicated. Otherwise, we will be dealing with an rapidly growing gray area in employment in this respect.
Six decades after the outbreak of World War II, the Russian invasion of Ukraine has become a nightmare for the world. It is feared that if the Third World War were to erupt, the very existence of the human race would be in jeopardy. At the moment, at least 10 countries in the world have nuclear weapons. If World War III breaks out somehow, it could turn into a nuclear war. It will be a battle in which those who win will be forced to envy their exhausted opponents. Because it may be difficult for those who survive the nuclear war to lead a normal life. Due to the fear of nuclear war, no terrible war has taken place in the last six decades. After Russia's invasion of Ukraine, Western nations did not side with their allies to avoid a nuclear war. It can be said that the Russian white bears have chosen the policy position of avoiding world war as a tool of blackmailing. The conspiracy they have hatched to seize the independence of a neighboring peace-loving country is unfortunate.
Ukraine was the world's third largest nuclear weapon state after the collapse of the Soviet Union. They have destroyed their own nuclear weapons at the request of neighboring Russia and the United States. The two countries were reassured about Ukraine's security at the time. But now the Ukrainians are the ruthless victims of the egoism of the neo-Tsars sitting on the Moscow throne. Russia and Ukraine are our friends. Like all peace loving people of the world, the people of Bangladesh also want an end to the indiscriminate Russia-Ukraine conflict for their own benefit. This is the best way to avoid nuclear war. But everything must be done while upholding Ukraine's independence and sovereignty. Such an agreement would also bring good for Moscow's powerful rulers.
---MD Zahirul Haque
Freelance Journalist
AINews Correspondent,USA
Six decades after the outbreak of World War II, the Russian invasion of Ukraine has become a nightmare for the world. It is feared that if the Third World War were to erupt, the very existence of the human race would be in jeopardy. At the moment, at least 10 countries in the world have nuclear weapons. If World War III breaks out somehow, it could turn into a nuclear war. It will be a battle in which those who win will be forced to envy their exhausted opponents. Because it may be difficult for those who survive the nuclear war to lead a normal life. Due to the fear of nuclear war, no terrible war has taken place in the last six decades. After Russia's invasion of Ukraine, Western nations did not side with their allies to avoid a nuclear war. It can be said that the Russian white bears have chosen the policy position of avoiding world war as a tool of blackmailing. The conspiracy they have hatched to seize the independence of a neighboring peace-loving country is unfortunate.
Ukraine was the world's third largest nuclear weapon state after the collapse of the Soviet Union. They have destroyed their own nuclear weapons at the request of neighboring Russia and the United States. The two countries were reassured about Ukraine's security at the time. But now the Ukrainians are the ruthless victims of the egoism of the neo-Tsars sitting on the Moscow throne. Russia and Ukraine are our friends. Like all peace loving people of the world, the people of Bangladesh also want an end to the indiscriminate Russia-Ukraine conflict for their own benefit. This is the best way to avoid nuclear war. But everything must be done while upholding Ukraine's independence and sovereignty. Such an agreement would also bring good for Moscow's powerful rulers.
---MD Zahirul Haque
Freelance Journalist
AINews Correspondent,USA