Ganasanghati Andolan leaders at a press conference on Saturday said that the budget for the fiscal year 2018-19, if passed as proposed, would allow corruption in development projects, intensify liquidity crisis in the financial institutions and push the poor people into economic hardship.
The political party arranged the news conference at its central office at Hatirpool in the capital to present a review on the budget placed in parliament of Thursday.
The party chief coordinator Zonayed Saki said ruling Awami League is ignoring people’s voting rights and pays less attention to the wellbeing of mass people.
Acting executive coordinator of the party Abul Hasan Rubel said the government’s dependency on internal financing sources to cover up budget deficits would create liquidity crisis and will discourage private investment and employment.
He said low income groups comprising 21 per cent of the population would receive less than 10 per cent of the proposed budget.
He said the proposed budget provisioned speedy withdrawal of public exchequer to facilitate the ongoing development projects in unaccountable and non-transparent fashion.
He warned that limited earning groups would suffer from growing inflation and devaluation of taka due to the government economic policy.
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