New budget to make economy more dynamic: Kamal
Bangladesh Business Finance Latest

New budget to make economy more dynamic: Kamal

Noting that the country’s economy would be more dynamic through implementation of the proposed budget for fiscal 2022-23 (FY23), Finance Minister AHM Mustafa Kamal yesterday said this budget would also be helpful for the marginal people since the poor class has been duly prioritized.

“This budget for the next fiscal year will be helpful for the marginal people …all of those including the businessmen and the hard-earned people will be benefitted from it and we’ve prepared the budget in such a way,” he said.

The finance minister also claimed that the people of the country were not cheated over the last three years of his term as he has fulfilled whatever he pledged. “We’ve framed this budget considering each and every poor people,”

Kamal said this while responding to a volley of questions at a post-budget press conference held at the Osmani Memorial Auditorium in the capital.

Kamal placed a Taka 6,78,064 crore proposed budget for the next fiscal year at Jatiya Sangsad yesterday (Thursday) eying a 7.5 percent growth and containing average inflation at 5.6 percent.

The finance minister said that the development-oriented thoughts have been prioritized in the proposed budget highlighting the desires and expectations of the commoners.

“The next budget will go through a tough time as there will be many ups and downs. We’ll be able to be successful by overcoming all the barriers, Insha Allah. We want to move ahead taking the countrymen with us,” he added.

Kamal mentioned that when the whole of the world was affected due to the impacts of the COVID-19 pandemic, no organ of Bangladesh was affected while all the macroeconomic indicators were in good shape.

When asked about the integrated efforts from the government to deal with the price hike of essential commodities, he said that the governments render its efforts so that there is no mismatch between demand and supply.

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