Contractionary fiscal policy for private sector, not for government, says BNP’s MintooAbdul Awal Mintoo, business leader and vice-chairman of the opposition BNP, has criticised the government for applying austerity measures selectively in the proposed 2025-26 national budget. “We’ve also slashed the size of the budget by 7 to 8 billion under a tight fiscal policy. So I don't see a tight fiscal policy for them.”He advised the government to take all aspects into consideration and adopt a policy after judgement and analysis. For the upcoming fiscal year, operating expenditure has increased by Tk 283.46 billion to Tk 5,353.17 billion. In addition, it aims to raise Tk 125 billion from savings certificates and Tk 210 billion from non-bank financial institutions.
