Tribune Report
Finance Minister AMA Muhith yesterday said the next fiscal year
budget will come across a big change as the government has to implement
big transformational projects with the help of foreign loans.
“There will be a big change to the national budget from the next fiscal year. Now our budget is nearly Tk3 lakh crore, but we expect that the size of the budget will be Tk4.40 lakh crore to Tk4.50 lakh crore in 2018-2019 fiscal year,” Muhith hinted in his speech at the Parliament.
The finance minister held out the government plan to develop district levels as all 64 districts would be transformed into separate states.
“To achieve this mega development, process is underway to build 1 crore 45 lakh skilled manpower.”
Muhith said to bring about the country’s development, district headquarters have to be developed.
He suggested strengthening district and local government institutions and warned lawmakers about barriers that might be faced with to achieve the target.
The district and local government institutions would act responsibly and truly turn into peoples’ institutions, he added.
“It would be a big challenge for the politicians. So we all have to be very alert of it.”
Alongside the general budget, the government will place a special budget for transformational projects like Padma Bridge, Rooppur Project, Maheshkhali Engergy Centre and Matarbari Power Centre, he continued.
The minister said the government is now mulling two big projects. One is a 4-lane highway from Jamuna to Padma, a project involving $5 billion and another dredging project from Jamuna to the Bay of Bengal worth $2 billion-$3 billion.
Muhith added that it would not be possible to implement the projects only with the help of interest-free loans.
“We have to take loans for those projects. We have to be more careful on foreign loans to implement those projects. Remittance is the key to our economy.” He suggested that the import of liquefied natural gas (LNG) will start within one year.
“We have already taken the decision. No one will face gas problem any more.”
All will get gas connection, but not for household, he said.
There will be no crisis in the world gas market within the next 50 years, the minister hoped.
“We can supply gas uninterrupted once our LNG plan is prepared.”
“We have taken an umbrella project titled “Skills for Human beings” for development of human resources. Our skill of project implementation has improved a lot, but yet to be appropriate.” he said.
The government is determined to eradicate poverty from the country within the tenure of the government, he vowed.
“There will be a big change to the national budget from the next fiscal year. Now our budget is nearly Tk3 lakh crore, but we expect that the size of the budget will be Tk4.40 lakh crore to Tk4.50 lakh crore in 2018-2019 fiscal year,” Muhith hinted in his speech at the Parliament.
The finance minister held out the government plan to develop district levels as all 64 districts would be transformed into separate states.
“To achieve this mega development, process is underway to build 1 crore 45 lakh skilled manpower.”
Muhith said to bring about the country’s development, district headquarters have to be developed.
He suggested strengthening district and local government institutions and warned lawmakers about barriers that might be faced with to achieve the target.
The district and local government institutions would act responsibly and truly turn into peoples’ institutions, he added.
“It would be a big challenge for the politicians. So we all have to be very alert of it.”
Alongside the general budget, the government will place a special budget for transformational projects like Padma Bridge, Rooppur Project, Maheshkhali Engergy Centre and Matarbari Power Centre, he continued.
The minister said the government is now mulling two big projects. One is a 4-lane highway from Jamuna to Padma, a project involving $5 billion and another dredging project from Jamuna to the Bay of Bengal worth $2 billion-$3 billion.
Muhith added that it would not be possible to implement the projects only with the help of interest-free loans.
“We have to take loans for those projects. We have to be more careful on foreign loans to implement those projects. Remittance is the key to our economy.” He suggested that the import of liquefied natural gas (LNG) will start within one year.
“We have already taken the decision. No one will face gas problem any more.”
All will get gas connection, but not for household, he said.
There will be no crisis in the world gas market within the next 50 years, the minister hoped.
“We can supply gas uninterrupted once our LNG plan is prepared.”
“We have taken an umbrella project titled “Skills for Human beings” for development of human resources. Our skill of project implementation has improved a lot, but yet to be appropriate.” he said.
The government is determined to eradicate poverty from the country within the tenure of the government, he vowed.
