Gano Forum rejects proposed budget

Staff Correspondent

16 June, 2019 12:00 AM printer

Opposition Gano Forum president Dr Kamal Hossain has rejected the proposed national budget for the fiscal 2019-20 and said the people of the country will do whatever is needed to change the incumbent government.

“We are completely rejecting the proposed national budget for the fiscal 2019-20. We want people to be active, get organised and vocal in these issues and they will do whatever is needed to change the government in a democratic manner,” he said.

Dr Kamal Hossain, also convener of BNP-dominated Jatiya Oikya Front, was giving a formal reaction of his party to the proposed budget at a press conference at  Jatiya Press Club in the capital on Saturday.

When asked whether Oikya Front will give any joint reaction to the proposed national budget, he said they will discuss the issue to take a decision later on.

The Gano Forum chief said that he has given his reaction to the budget in a bid to inform people about how much their interest is protected and ignored so that they can play their due role as the owners of the country. 

While placing a written statement at the press conference, Gano Forum general secretary Reza Kibria said, “We’re rejecting the budget. This budget (proposed for FY 2019-20) will affect people. It proves that the country is not being ruled by its people.”

In response to a query, he said they want to oppose the incumbent Awami League government inside or outside the House whenever they get any scope.

“It is a short-sighted and poorly-designed budget that fails to address the real problems facing the nation. The budget favours those who are looting the country and sending their ill-gotten gains overseas. This budget is set by individuals. It has no stake in the future of this nation,” the Gano Forum leader said.

He further said, “The budget of this unrepresentative and unelected government does not reflect the will of our citizens nor seek to meet the needs of our nation. It is therefore vital that free and fair elections be held without delay to elect a government that has a genuine mandate from voters.”

Reza Kibria said the proposed national budget is deeply disappointing as it fails to provide realistic estimates of revenue and borrowing, and does not take into account the large deviations of outturns from budget estimates in recent years.

He said the proposed national budget also demonstrates a lack of understanding of the risks posed by the looming financial and economic crisis brought about through imprudent budget and macroeconomic policies of the past few years and the systematic neglect of governance and supervision issues in the banking sector.

Gano Forum executive presidents Subrata Chowdhury and Abu Sayeed were also present, among others, at the press conference.