Budget based on borrowing – graft, investment gap stall growth: BNP

Budget based on borrowing – graft, investment gap stall growth: BNP

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BNP leaders have termed the proposed budget as big size based on borrowing and the the growth rate remained fixed at 6 percent due to lack of investment and corruption.
They said there are no directions about whitening black money frequently, establishing good governance, and ensuring fair price of agricultural products.The BNP leaders also termed the budget one-sided and anti-people.
Talking to The Independent, BNP standing committee member Lt Gen (Retd) Mahbubur Rahman the budget should be realistic not hypothetic one.
He questioned the legitimacy of Parliament and said the government should have discussed the budget involving all the political parties top make it pro-people.
The BNP policymaker criticised the government for repeatedly giving the opportunity for whitening the black money and said it is very unfairness.
“After whitening the money is being siphoned to other countries but there is no guideline. There is also no direction to curb corruption,” he said.
In his personal reaction, BNP chairperson’s adviser and former commerce minister Amir Khasru Mahmud Chowdhury said the proposed budget placed in the unelected Parliament remains questionable.
He said the main reason behind growth remaining confined to 6 per cent for the past six-seven due to lack of investment.
The BNP leader said huge amount of money is being drained due to corruption, mismanagement, lack of good governance and plundering of thousands crores of taka that is reflected in the budget.
He said that the BNP would not give any formal reaction to the budget since they do not recognise the government. – Staff Reporter

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