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Balanced budget to tackle economic fallout from Covid-19: Quader

Staff Reporter
12 Jun 2020 16:22:40 | Update: 12 Jun 2020 16:42:48
Balanced budget to tackle economic fallout from Covid-19: Quader
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Road, Transport and Bridges Minister Obaidul Quader said on Friday the proposed 2020-21FY budget is a balanced one for recovering from the coronavirus pandemic-hit economy in the country.

He came up with the remark at a post-budget briefing through videoconferencing from Awami League president’s political office at Dhanmondi.

Mentioning that the budget was prepared  in a different reality and context, Quader said, “This is a realistic charter of transforming the existing crisis into possibility.”

He also said this budget is the result of time-befitting and brave thought of Sheikh Hasina government to take the country ahead by maintaining a balance between lives and livelihood.

Different countries in the world are conducting research to invent a vaccine for Covid-19 disease and as soon as it is prepared will be brought to the country, Quader said adding that a plan was included in the budget proposal in this regard.

Social safety has been considered as the third priority sector in the budget to ease sufferings of working people affected by general holidays and lockdown, he added.

Finance Minister AHM Mustafa Kamal on Thursday proposed the national budget of Tk 568,000 crore for the 2020-21 fiscal year in Parliament.

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