This budget to save people, says Finance Minister

Finance Minister AHM Mustafa Kamal has said that this budget has been proposed emphasizing mainly saving people.

He said, "We have given importance on providing food to people, job to jobless ones, and treatment to sick in this budget aims to save them."

"We'll first spend for people, later think from where the money comes," Kamal replied to a query in post Budget 2020-21 virtual press conference on Friday.

Meanwhile, country's one of the leading think tank Centre For Policy Dialogue (CPD) has called the budget traditional.

It said this budget lacks creativity to overcome unprecedented health, economy, human and social crisis caused by the coronavirus pandemic. 

Apart from this, the private investment will face hardship as the government set what the target to loan from banks to meet the deficiency, CPD said.

Earlier on Thursday, Finance Minister AHM Mustafa Kamal presented proposed Tk 568,000 crore budget for financial year 2020-21 in parliament.