Muhith to unveil a budget for growth momentum

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BSS, Dhaka :
Finance Minister AMA Muhith is going to highlight the economic vision and mission of the reelected government, headed by Prime Minister Sheikh Hasina, as he will be unveiling the national budget for 2014-15 financial year (FY15) Thursday.
Like some previous years, the finance minister will start placing the budget at the Jatiya Sangsad (JS) at 3:30 pm, using the PowerPoint that shows the digital enthusiasm of the Awami League government.
The finance minister would focus strongly on fiscal consolidation, as the forthcoming budget would seemingly be set mainly against the backdrop of growth moderation mainly because of political concern besides global uncertainty.
When Muhith placed the last budget of the past five-year tenure of the Awami League-led grand alliance government on June 6, 2013, he titled his budget speech as “Four years of Progress:
As the last budget was presented in the run- up to elections, his budget speech was a highly articulated statement to showcase how much the government had done for the people and the country in the past four years. He also pledged a new set of development agenda for the coming days.
Now, as the finance minister is set for announcing the national budget, the people’s expectations and speculation prompted that the next fiscal policy and outlay should draw their future dreams with cautious evaluation of past successes and failures.
Muhith, a renowned economist, turned 80 this year as he was preparing the country’s 43rd national budget while that of the 15th budget of the Awami League government and the 8th for his own career as the finance minister.

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