• Tuesday, Jan 18, 2022
  • Last Update : 03:32 am

GM Quader: Budget imaginary, unrealistic

  • Published at 09:45 pm June 3rd, 2021
web-JaPa Co-Chairman GM Quader
File photo: Jatiya Party Chairman GM Quader at a press briefing at the party chairman’s Banani office on Saturday, January 5, 2019 Courtesy

GM Quader says the finance minister has prepared the budget based on his perceptions

Jatiya Party Chairman on Thursday termed the proposed budget for 2021-22 fiscal year imaginary and unrealistic, and said the government will not be able to implement it.

“We can assume that this fictitious and impractical budget can’t be implemented,” he told reporters after coming out of the parliament’s budget session.

GM Quader, also the deputy opposition leader in parliament, said there is a huge deficit in the proposed budget and the system that has been mentioned to fill the deficit is not realistic. “This budget needs to be rearranged extensively.”

He thinks the allocation for the health sector has been increased slightly while that for the social safety net is much less in compression with the size of the total budget.

The former minister also said the allocation for the disaster management sector is not satisfactory.

He said the finance minister has prepared the budget based on his perceptions without considering the reality.  “This budget has to be changed rigorously to give it a real shape.”


Also Read - Obaidul Quader pleased by development-friendly budget


The Jatiya Party chief said though the minister proposed increasing the expenditure in the budget, he has failed to outline how the revenue will be collected.

“As per the target of last year's budget, even 60% of the revenue couldn’t be collected in 10 months. I don't know how much they’ll be able to collect in the next two months,” he said.

He said there is no clear guideline in the budget about creating jobs and providing financial assistance for those who have become unemployed and gone below the poverty line during the pandemic period.

GM Quader said common people had an expectation that a large allocation will be given for the health sector, but it did not happen with the routine increase amid the pandemic.

50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail