Budget is realistic and frugal: Planning Adviser

“I will tell this budget realistic and frugal aiming to ensuring a fragile economy into stable one where all financial institutions and all other state organisations were demolished,” he said while addressing a post budget press conference held at Osmani Memorial Auditorium.

He said that they are having heavy trouble to clean the garbages that were left behind by the previous Awami League government.

The adviser said that the new projects that are taking by this government would come to implementation stage not in the coming 2025-26 fiscal, but in 2026-27 fiscal.

“These projects will be enlisted now, there will be some more tasks to be done for these projects to improve these, the time to implement these projects will come not in the proposed budget time (2025-26 fiscal), these projects will be implemented in 2026-27 fiscal,” he said.

He also said that at that time this interim government would not be in the power.

“The government which will be in the power  then if they want they can pick projects from those enlisted ones,” he said.

The adviser, however, admitted that the poverty in the country has increased. “We are trying to know the reasons to solve those,” he said.

He said this is the first time such a system has been put in place where a project must be in the forefront of the ongoing permanent irregularities (IMED) survey.

He said that many projects have been implemented without any kind of trial analysis, the work of which is being spent twice as much.

There are many projects where major corruption has occurred. In future IMED will be involved in the ongoing project survey to prevent corruption.”

The adviser said that the permanent procurement policy has been revised and passed. Through this, 100% e-tender will be effective to ensure transparency, reports UNB. 

Energy Adviser Muhammad Fouzul Kabir Khan said that this budget is the budget to reduce the inconsistency.

“This is an exceptional budget and the budget to reduce wastage,” he added.