New budget aims at containing inflation: AL - News Summed Up

New budget aims at containing inflation: AL


“The proposed budget is realistic and pro-people during the internal and global economic crisis,” he told a press conference at AL’s Bangabandhu Avenue central office. Welcoming the budget on behalf of AL, the party’s general secretary said the proposed budget is compatible with the slogan of the AL’s election manifesto 'Smart Bangladesh: Development is visible, employment will increase this time'. Despite this, $22 billion has been spent from the forex to maintain the value of the money, as a result of the forex has decreased a lot, the AL general secretary said. He said that as the present electricity demand has been met, the allocation for electricity in the proposed budget has been reduced by Tk 4,503 crore. Adequate allocations have been kept in the proposed budget to carry forward these works, he said.


Source: Bangladesh Sangbad Sangstha June 09, 2024 10:52 UTC



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