Bangladesh
3 years ago

New budget has no weakness, Kamal says

- File photo
- File photo

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Finance Minister AHM Mustafa Kamal said Wednesday that the proposed budget for the fiscal year 2021-22 has no weak side.

“The budget has no weakness,” he said after a virtual meeting of the cabinet committee on government purchase.

“To me all are strength,” he said.

At the same time, the minister did not acknowledge the creation of new poor people during the last one year as claimed by the private sector research organisation.

“I don’t acknowledge the creation of new poor,” he said.

He said he cannot accept the statistics from others unless those are validated by government bodies like the Bangladesh Bureau of Statistics and Bangladesh Institute of Development Studies.

The research bodies and economists claimed that some 20 to 25 million people were slipped to the poor segment during the last one year after losing jobs and earning sources due to the impacts of pandemic.

The finance minister on Thursday last placed a Tk 6.03 trillion fiscal budget in the parliament.

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