BANGLADESH

Information Minister terms proposed budget as pro-poor

Information and Broadcasting Minister Dr Hasan Mahmud today termed the proposed budget for 2022-23 fiscal as pro-poor, saying the budget will encourage internal production.

Earlier, Finance Minister AHM Mustafa Kamal has proposed Taka 6,78,064 crore budget for the FY 2022-23 in the Jatiya Sangsad.

In an instant reaction on the proposed budget, Hasan said the prices have gone up all over the world including the USA and in Europe due to war and in this perspective no one knows when the ongoing worldwide economic recession will come to an end. For this, the internal production has been emphasized, he added.

The minister said the coverage of social safety net in the budget has been increased as the lower-income people would get security.

The budget is pro-poor, said Hasan, also Awami League joint general secretary.

He heavily came down on those people who are criticizing the budget. BNP, some political parties, organizations and intellectuals criticize the budget after placing it every time, he added.

But, he said, the reality is that Bangladesh moved ahead in the last 13 and a half years despite all negative comments and adversities and the country moved forward even in the COVID-19 pandemic situation. Bangladesh would march ahead by consolidating the economy in future, said Hasan.

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