Jatiyo Oikya Front leaders react to FY21 budget
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
TUESDAY, MAY 24, 2022
TUESDAY, MAY 24, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Jatiyo Oikya Front leaders react to FY21 budget

Budget

TBS Report
19 June, 2020, 08:25 pm
Last modified: 19 June, 2020, 08:35 pm

Related News

  • Keep provision for creating entrepreneurs in upcoming budget: Experts
  • Shift focus to stability from growth, economists tell finance minister
  • Social safety budget to stay same despite inflation rise
  • Govt to place national budget for FY23 on 9 June: Finance minister
  • More subsidies coming to tame inflation

Jatiyo Oikya Front leaders react to FY21 budget

If the situation continues like this then newborn babies will eventually be born with debt, the leaders said

TBS Report
19 June, 2020, 08:25 pm
Last modified: 19 June, 2020, 08:35 pm
Jatiyo Oikya Front leaders react to FY21 budget

Top leaders of the Jatiya Oikya Front on Friday reacted to the budget for the 2020-21 fiscal year proposed by the government on June 11.

"At first, we thought, one-third of the whole budget is deficit, which is 6 percent of the GDP," they said in a statement, adding "But now, after looking at the internal report of the finance ministry, we have come to realise that what we said earlier about this budget is true – it will completely bankrupt the government."

The leaders said the government will have to borrow a total of TK5.71 lakh crores next year, whereas the proposed budget is Tk5.68 lakh crores.

"This means that the debt is more than the total budget allocation for the year. If this continues, then new-born babies will eventually be born with Tk60,000 debt on their shoulders," they said.

Jatiyo Oikya Front leaders also said the government needs to explain why it is still claiming that GDP growth next year will be 8.2 percent and inflation will remain at 5.4 percent.

But the leaders thanked the finance minister for presenting the budget for 170 million people amid the Covid-19 pandemic.

Gono Forum President Dr Kamal Hossain, Jatiya Samajtantrik Dal President ASM Abdur Rab, BNP Standing Committee member Dr Abdul Moyeen Khan, Nagorik Oikya Convener Mahmudur Rahman Manna, Gono Forum General Secretary Dr Reza Kibria, and Prof Nurul Amin Bepari jointly relayed their reactions in the statement.

Bangladesh / Economy / Top News

Jatiya Oikya Front / Budget

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Picture: Pixabay
    Govt raises regulatory duty to discourage imports of 200 products
  • Corporates go cashless…tax cut on cards
    Corporates go cashless…tax cut on cards
  • Photo: Reuters
    Hajj flights to start from 5 June: Ministry 

MOST VIEWED

  • MCCI for corporate tax reduction in line with neighbouring nations
    MCCI for corporate tax reduction in line with neighbouring nations
  • Pre-budget talks to begin 6 February
    Pre-budget talks to begin 6 February
  • Lower budget deficit mirrors slower public spending
    Lower budget deficit mirrors slower public spending
  • Ministries asked not to seek additional fund in revised budget 
    Ministries asked not to seek additional fund in revised budget 
  • Money whitening scope widened
    Money whitening scope widened
  • File Photo: Mumit M/TBS
    Workers’ protection neglected in budget

Related News

  • Keep provision for creating entrepreneurs in upcoming budget: Experts
  • Shift focus to stability from growth, economists tell finance minister
  • Social safety budget to stay same despite inflation rise
  • Govt to place national budget for FY23 on 9 June: Finance minister
  • More subsidies coming to tame inflation

Features

The balcony railings of the Boro Sardar Bari in Sonargaon. Made of cast iron, these railings feature vertical posts with intricate designs on top. Photo: Noor-A-Alam

The evolution of railing and grille designs

1h | Habitat
A Russian army service member fires a howitzer during drills at the Kuzminsky range in the southern Rostov region, Russia January 26, 2022. REUTERS/Sergey Pivovarov/File Photo

3 months of Ukraine war : Miscalculations, resistance and redirected focus

2h | Analysis
Musk is denying the sexual harassment allegation that surfaced this week. Photo: Bloomberg

Elon Musk’s crazily banal week 

20h | Panorama
Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

23h | Brands

More Videos from TBS

How to maintain a good relationship with colleagues

How to maintain a good relationship with colleagues

2h | Videos
Why are Duranta TV shows popular?

Why are Duranta TV shows popular?

15h | Videos
Donbas is hell, says Zelenskiy

Donbas is hell, says Zelenskiy

16h | Videos
Threat of Monkeypox on the horizon

Threat of Monkeypox on the horizon

17h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
Bangladesh at risk of losing ownership of Banglar Samriddhi
Bangladesh

Bangladesh at risk of losing ownership of Banglar Samriddhi

4
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

5
BSEC launches probe against Abul Khayer Hero and allies
Stocks

BSEC launches probe against Abul Khayer Hero and allies

6
The reception is a volumetric box-shaped room that has two glass walls on both the front and back ends and the other two walls are adorned with interior plants, wood and aluminium screens. Photo: Noor-A-Alam
Habitat

The United House: Living and working inside nature

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab