CPD thinks that in proposed budget no mention of infrastructure lacking

Staff Correspondent, Barta24.com, Dhaka
Photo: Collected

Photo: Collected

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The Center for Policy Dialogue (CPD), a non-governmental think- tank, said the budget did not project the kind of infrastructure needed to deal with corona risk.
CPD fellow Dr. Mostafizur Rahman made the remarks on behalf of the organization in an immediate response to the post-budget review on Thursday (June 11) evening.

He said that conjecture has worked in formulating this budget. It does not reflect the real situation. The budget proposals that we have seen, the expenditure of resources from the mobilization of resources and the way in which the expenditure in various sectors have been determined, it seems that we will soon be freed from corona and the economy will recover.

Mostafizur Rahman said, it does not seem that we will get rid of Covid-19 so fast because of the health risks we are seeing now. We see the impact of this as a humanitarian risk in the health sector, in the social sector. There are economic risks also. The kind of budget structure needed to deal with that risk has not been met.

On Thursday (June 11) Finance Minister AHM Mustafa Kamal presented a budget proposal of Tk. 5 lakh 68 thousand 190 crore for the fiscal year 2020-2021 in the Jatiyo Sangsad. This is his second budget as finance minister.

CPD executive director Dr. Fahmida Khatun at a virtual media briefing said they would give details about the budget tomorrow.