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It’s an Ambitious Budget : says Wahiduddin Mahmud


Dr Wahiduddin Mahmud , an eminent economist from Bangladesh says that this year’s proposed budget is ambitious .In an exclusive interview with VOA Bangla service Dr Mahmud says that in order to meet the demands the budget has been expanded in a very ambitious yet risky way . The Annual Development budget is 20% bigger than the previous one and in order to meet the expenditure , the target for revenue income has also been shown very ambitiously. However, even in the present budget the revenue income has not increased as expected. The finance minister himself has admitted that a major failing has been in its revenue income. Therefore , with upcoming election , it may not be possible that the government will meet its target of 17% increase in revenue income.

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