Budget highly ambitious: BNP

Staff Correspondent

15 June, 2019 12:00 AM printer

Opposition Bangladesh Nationalist Party (BNP) has termed the proposed national budget for the upcoming 2019-20 fiscal year as highly ambitious.

“The unelected government has no moral right to place a budget. It’s an anti-people budget. People won’t accept it,” party secretary general Mirza Fakhrul Islam Alamgir said in a formal reaction.

He was speaking at a press conference at BNP chairperson Khaleda Zia’s Gulshan office in the capital on Friday.

Replying to a question, he said that people won’t accept the budget as like as they haven’t accepted the results of the last general election.”

Asked whether the party will stage a demonstration over the budget, Fakhrul said they have come out from the culture.

“The finance minister has set himself on the race of setting big budgets. People have no interest over the size of budget as the allocation in every budget is reduced at the end of every year,” he said.

Fakhrul also said despite shortcomings in revenue collection this fiscal year, the government is pinning its hopes on the National Board of Revenue to match a huge revenue target for the next.

“The national budget of Tk 523,190 crore is highly ambitious. It’ll create direct pressure on common people. The rich will become richer and the poor will become poorer if it’s implemented,” he said.

The BNP leader further said that the budget would not fulfill the people’s hopes and aspirations as it had been formulated against their interests.

He said the middle- and lower middle-class people will suffer most if the budget is implemented as a huge load of VAT has been imposed on them.

BNP leaders Khandaker Mosharraf Hossain, Moudud Ahmed, Mirza Abbas, Abdul Moyeen Khan, Gayeshwar Chandra Roy and Amir Khashru Mahmud Chowdhury were also present.