Economics, Budget, Banking
Md. Mazedul Islam
Cell:+8801816041478
Mail:[email protected]
Thakurgaon, Bangladesh

IVM and budget :IVM(Internal Value of Money)theory should be the main theory of economics. It shows a countries internal money value i.e. the value of money of a country from the time of independence i.e from the time of money print. Govt printing money by several method but they do not count the value of money. They are budgeting and to keep some deficiency in the budget they use to print money. On the other hand the Economist and other Govt employee who are working for printing money their anticipation regarding budget of printing becomes valueless against govt order or political image. What does remain when parliamentary act is changing without quota of Parliament and opposition parties absent. Govt. is trying heart and soul to control this.

Budget: A country always shows deficiency budget to give pressure for more income from internal or external source. But deficiency reminds me that man who has whole body but he cannot stand up. However average deficit rate 4.8&#xof; national GDP i.e. 1,57,270 billion (2018) excluding print of money. It is really a matter of think to cover this amount.
But now this time more internal income collection pressure reminds that man who is running to become first but he became tired with surface in his mouth but running and death is not taking him to give him freedom.

Budget finance: Budget finance are coming from the following way:
1.Money print : Money print is easy but it is the most difficult work for them who knows the bad effect of it. As why Govt. Have to keep eye on IVM,Foreign exchange rate, current ratio, liquid ratio(whether actual account of asset do not have in the Govt. ledger) etc. Inflation rate 5.48% per year. There might be some suspense on this matter.
2.Direct and indirect tax and fees:It become the main source of income of a country but day by day the pressure becoming mentally pressure for taxpayers.
3.Donation:This(foreign and local donation) is the extra main source of income of a country but when a man gives something he must take some advantages from it. And that is political and other benefit.
4.Foreign income:It is really a better and urgent income source for a country to keep equilibrium of foreign currency. Whether gold reserve shows 14 ton but steal of gold makes the matter suspicious. On the other steal from Bangladesh Bank by hacking account makes us very suspicious about the foreign currency reserve. Foreign currency reserve shows at 2018 USD 32,928. But Science use to take the position of our labour market. So Govt should think another way where they can use their manpower in the foreign country.
5.Loan: Loan is another way of finance but if it goes up of the national assets then it must be harmful for a country whether loan is another way of equilibrium of foreign currency. But loan has returning system which with loan with interest or political advantage. Average debt 27% of national GDP. It is really higher for a country.
6.Sell of internal liquid asset or asset: Sell of exchange bill like prize bond, saving certificate, wage earner bond etc. is another source of income during emergency but it is another kind of harmful loan for what country pays interest higher rate. It is worse then foreign or other loan.

There are another some way to collect or increase national GDP like investment,manpower,rail,road,land,joint stock etc.
My Proposal to earn extra revenue:
A) I propose to implement an subscription or deduction on every kind of donation from foreign or inner country.
Donation includesonation for poor from foreign or inner country to the NGO,Co-operative society, company, personal.
B) To full implement of gift tax act.
C)Deduction a little amount at the time inauguration of Company or industry from foreign investment.

However the Govt. Should keep eye on economics and on the following during budget:

1) Defense: This Era is anti matter and satellite weapon era and so the defense should be more powerful with this to weapon.
2) Import: We are developing country but due to non availability of production material import is very important but through import some business holder making over pricing and money laundering. This crisis creates impact on foreign currency rate with Internal Value of Money.
3)Agriculture:Agriculture moves our economy and keeps a value in the world market. Presently farmer gets good value of goods but not enough due to the dealer who purchase the goods and send to distributor. Inflation rate 4.9% which is also suspicious because most agricultural land are sold to industrial people.
4)Investment:Foreign investment is best but spying through foreign investment is very bad. This culture keeps a great impact in our politics and economics.
5)Education: Education system is going to break it's rule. Children's are reading wrong spell, wrong matter,and attending examination to get good result. A little amount of student reading novel,poem and other story which makes them wise. On the other hand education is losing its value against money.Educated people has no honor in front of rich people. When educated people to be honored then rich people claims a bluff on educated people character. Education system should be more developed through experienced and wise people of the country. Foreign technician might be hired to research.
6.Healthay by day the maturity year of man decreasing. On the other hand we becoming dependent on foreign country due to lacking of proper care in this country. Govt. Trying to solve the matter through fund or admin but steal of medical equipment, false doctor and doctors demand of money makes the matter valueless.
7)Development work:Minister work are done by secretary. It's really horrible. Govt. Herself doesn't believe her. So what will be profit to spend more money for development work. Where politics is business and Businessman are politician then what return the country hope from them.

However my proposal against budget income might be helpful to raise funds.