Publish: 20:26, 08 Jun, 2024

New budget aims at containing inflation: Quader

Online Desk
New budget aims at containing inflation: Quader

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 formal post-budget reaction of the party, BSS reported.

Quader, also the Awami League General Secretary, said the aim of this budget is to gradually bring the country's economy back to the path of dynamic economic growth which existed before corona pandemic and the ongoing wars in the world.

Welcoming the budget on behalf of Awami League, he 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'.

The senior leader of the party extended thanks to Prime Minister Sheikh Hasina and Finance Minister Abul Hassan Mahmood Ali for presenting a balanced budget.

Quader said in the last one and a half decades, under the leadership of the successful statesman Sheikh Hasina, Bangladesh has gained dignified status in the world as a fast growing economic power even amid the global and internal crises.

He said Bangladesh is now the 33rd largest economy in the world. Due to economic and social progress, the living standard of the people of Bangladesh is improving day by day, he claimed.

bd-pratidin/GR

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