Budget prioritises people over infrastructure: Finance adviser
The proposed budget places special emphasis on education, healthcare, good governance, civic services and employment generation, says Salehuddin Ahmed.
Finance Adviser Salehuddin Ahmed today (2 June) said the proposed Tk7.90 lakh crore national budget for FY2025-26, which begins on July 1, was formulated with a focus on prioritising people over infrastructure.
"For the first time, we are proposing a budget that is smaller than the previous one. Instead of merely highlighting physical infrastructure development, this time we are giving priority to people," he said while unveiling the proposed budget in a televised speech.
He emphasised that guaranteeing fundamental rights, ensuring a decent standard of living, securing livelihoods, and creating an equitable environment are essential to building an effective state and a strong society.
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"Without these critical elements, a state becomes dysfunctional and the foundation of society weakens," the adviser said.
The proposed budget places special emphasis on education, healthcare, good governance, civic services and employment generation, he said.
Besides, the budget addresses emerging global realities, including the Fourth Industrial Revolution, Bangladesh's graduation from the LDC category, and the opportunities and challenges posed by climate change.
"We aim to harness new opportunities and tackle upcoming challenges to ensure sustainable development," Salehuddin added.
This is the first time Salehuddin, a former central bank governor, has presented the national budget, as well as the first budget presented by the interim government led by Prof Muhammad Yunus.
