Due to corona virus pandemic world economy is under tremendous threat. In this hand to mouth situation Bangladesh Ministry of Economy, AHM Mustafa Kamal stated the Budget designed for 2020-21.
This year the total budget is considered as 5 Lac 68 thousands core BDT in which the. Total Revenue (without Grants) is considered around 3 lac 78 thousands core BDT. Deficiencies is around 1 lac 90 thousands core BDT. Rate of GDP growth is 8.2% and Inflation rate is 5.4%. But several international economic organisations have stated that the rate of GDP growth in this year should be 2-3 percent.
In this budget the maximum importance is given to Health sector. Mega plan allocation is considered for this sector. And the total amount of money is approximately 41 thousands and 27 core BDT. Special allocation is taken for the preventation of novel corona virus which is around 10 thousands core BDT. There are also give easy chance of black money into white.
Economy minister AHM Mustafa kamal says, "Budget flexible and feasible. But researchers suggested that this budget shows limited capability with unlimited hope!!