DHAKA, June 27, 2022 (BSS) – Lawmakers today said the proposed budget will be implemented facing all the barriers including global pandemic and higher inflation resulting in Russia-Ukraine war.
 
Taking part in the general discussion on the proposed budget in the Jatiya Sangsad, the lawmakers said the proposed budget will be successfully implemented facing higher inflation and post COVID-19 economy.
 
Finance Minister AHM Mustafa Kamal on June 9 in the Jatiya Sangsad unveiled a Taka 6,78,064 crore national budget for 2022-23 fiscal setting the GDP growth target at 7.5 percent amid the economic fallout due to the novel corona virus pandemic coupled with ongoing Ukraine-Russia war.
 
“The proposed budget will be implemented facing all the obstacles like post COVID-19 economy and the global inflation which now creating an emerging challenge for budget implementation,” said Planning Minister M A Mannan.
 
The budget will help to recover the meltdown of the economy battered by global pandemic, said Mannan who also a lawmaker of Sunamganj-3.
 
Terming the budget is a challenging; Food Minister Sadhan Chandra Majumder said the government has earmarked Taka 83,000 crore as subsidy in the proposed budget which would help to keep essentials price at tolerable limit.
 
Participating in the budget discussion, Information and Broadcast Minister Dr Hasan Mahmud said country’s budget implementation rate is 95-97 percent but a section of analysts including BNP usually criticize the budget negatively every year using almost the same words.
Criticizing BNP another ruling party lawmaker Yussuf Abdullah Harun of Cumilla-3 said “Bangladesh will be graduated a middle income country by 2026, but the BNP preferred to keep the country to a lower developed one or LDC for getting foreign assistance.”
 
Treasury bench members, Whip Abu Sayeed Al Mahmood Swapon of Jaipurhat-2, Md. Shahiduzzaman Sarker of Naogaon-2, Md. Monowar Hossain Chowdhury of Gaibandha-4, A. K. M. Rahmatullah of Dhaka-11, Asheq Ullah Rafiq of Cox’s Bazar-2, Choto Monir of Tangail-2, Nizam Uddin Jalil John of Naogaon-5, Jatiya Party Chief Whip Md. Mashiur Rahman Ranga of Rangpur-1 and Independent lawmaker Md. Rezaul Karim Bablu of Bogura-7,took part in the discussion.
 
Earlier, they paid their rich tribute to the memory of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, four national leaders, martyred freedom fighters and also those who made their utmost sacrifices during the War of Liberation and all subsequent democratic movements in the country.