PV Desk : As the government weighs measures to salvage the economy battered by the coronavirus while saving the lives of the people, the finance minister is about to present the national budget for fiscal 2020-21 to bolster the twin efforts.
The coronavirus pandemic has stalled the journey towards a “prosperous tomorrow” that Bangladesh set out in the 2019-20 budget.
AHM Mustafa Kamal, the finance minister of Bangladesh, shifted his focus to how to survive the crisis, away from what his predecessors had charted, as he tailored the Tk 5.68 trillion budget to be unveiled on Thursday. It will be 13 percent bigger than the revised outlay of the outgoing fiscal year.
“It’s not the size of the budget that matters; rather it is how we confront the COVID-19 pandemic and salvage the wrecked economy. That’s what is reflected in the budget,” the minister told bdnews24.com.
Kamal will set goals to ensure a well-equipped health sector to tackle the outbreak, boost farm production to avert food scarcity, widen access to social security for low-income people who lost jobs and keep unemployment in check to avert another social crisis. Source-bdnews
Edited by-Shekhar Tripaty