The Proposed Budget: Issues, Realities and Possible Impacts
The Financial Express, June 2013
3 Pages Posted: 11 Aug 2013
Date Written: June 14, 2013
The Finance Minister has placed in the parliament the proposed 2013-14 budget. He was describing throughout his budget speech achievements and future targets of the present government. At the very beginning of his speech, he recalled a few economic targets set by this government for Vision 2021. But he wisely forgot to mention that the government failed to meet targets which were supposed to be met by 2013: the GDP growth to be raised to 8 per cent; every house to be equipped with a healthy sanitary toilet and supply of electricity to reach 7,000 megawatt by 2013. We know many specialists will say these indicators are irrelevant to the budget speech. But we can expect a brief explanation from the Minister before he re-set GDP growth at 8 per cent target from 2013 (stated in Vision 2021) to 2014 (stated in the budget speech).
Keywords: Budget in Bangladesh, Economy of Bangladesh, Government Policy, Proposed budget
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