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Eminent Economist Debapriya Bhattacharya analyzes the Proposed Budget in Bangladesh


Dr.Debapriya Bhattacharya a distinguished economist of Bangladesh and a fellow of a non-governmental Think Tank Of Dhaka, Center For Policy Dialogue, in this exclusive interview with VOA Bangla analyzes the proposed 2009-2010 fiscal year's budget for Bangladesh which was presented at Bangladesh Parliament on Thursday the 11th of June by BD Finance Minister AMA Muhit .

Dr.Bhattacharya discussed the budget allocations for different sectors and opined that the amount of 350 Billion BDT set to be invested under the Annual Development Program ( ADP ) may only be spent successfully if the Government works efficiently in close coordination and cooperation with the Local Government Bodies, that at present are not in a very congenial disciplined arrangement with the Parliamentary bodies as well as the Dhaka administration.

Debapriya Bhattacharya said that the positive aspect of the proposed budget is the fact that it is in keeping with the manifesto of the incumbent party reflecting the developments in agricultural and rural sectors. He said that the budget brings in provision for the development and expansion of local industry amidst the global recession. He has welcomed fiscal allocations for power sector.

However, he thinks that the negative aspect of the budget is the factors concerning the growth and investments. The target is too conservative.

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