New budget aims at containing inflation: Quader

Awami League (AL) General Secretary and Road Transport and Bridge Minister Obaidul Quader on Saturday said the main objective of the proposed budget for the fiscal year 2024-25 is to remove ongoing economic uncertainty and crisis and contain high inflation.

“The proposed budget is realistic and pro-people during the internal and global economic crisis,” he told a press conference at AL’s Bangabandhu Avenue central office. The press conference was arranged to express the formal post-budget reaction of the party.

Quader said this budget aims to gradually bring the country's economy back to the path of dynamic economic growth that existed before the coronavirus pandemic and the ongoing wars in the world.

Welcoming the budget on behalf of AL, the party’s general secretary said the proposed budget is compatible with the slogan of the AL’s election manifesto 'Smart Bangladesh: Development is visible, employment will increase this time'.

He extended thanks to Prime Minister Sheikh Hasina and Finance Minister Abul Hassan Mahmood Ali for presenting a balanced budget.

On June 6, the finance minister placed a Tk 7,97,000 crore national budget for the next fiscal year (FY25) at the Jatiya Sangsad with the slogan, “March Towards Smart Bangladesh Following the Path of Sustainable Development”, in parliament.

The objective of the budget is to build a smart, prosperous, and happy Bangladesh.

Source: BSS