Growth targets fall, inflation to rise: Finance Advisors –

In the revised budget of the current 2025-2026 financial year, the growth target will be reduced and the inflation rate will be slightly increased, said Finance Advisor Dr. Salehuddin Ahmed.

He said this in response to questions from reporters after the meeting of the Advisory Council Committee on Government Procurement and the Advisory Council Committee on Economic Affairs in the conference room of the Cabinet Division at the Secretariat on Wednesday (November 12).

When you gave the budget and the size of ADP you said it was done in a realistic, pragmatic way, now it sounds like the budget will be reduced again. So what was wrong with the previous pragmatic way, realistic way of budgeting? In response to such questions from journalists, the financial advisor said that it was realistic in the context of that time. Various issues come up when we go to budget implementation. First there is the matter of finances. After the closure of NBR, you have seen that we are verifying, then there is the issue of those who are implementing, not all of them could implement. Many issues come up.

He said that there will not be a very big change from our budget. Roughly we only said growth, we reduced growth, and we said inflation, we made it 7. Now we have these two major things. And the figures of the rest of the money do not seem to change much. We see how much the last method holds up.

The Board of Revenue has repeatedly failed to achieve such targets. In this situation, about 3 thousand crores are owed to Petroleum Corporation, similarly about 2 thousand 500 crores are owed to Petrobangla. Will any initiative be taken to recover this outstanding amount? When asked such a question, the financial adviser said, I am in a hurry. They have many factors. We are not able to sell petrol at the same price we buy it. We cannot adjust the price.

He said, there is also their side that we are not allowing them completely. At least they would have paid if we had asked you to raise the price. We have to look at all aspects to increase the revenue of our concern. We are trying to increase revenue. Tax should not be evaded, leakage should not happen I paid more attention to that. Most of all, the order to effect the tax is there.

Various vehicles are being set on fire around November 13. What kind of impact can it have on the economy? When asked such a question by the journalists, the financial advisor said, I cannot say that. I cannot assess that.

When asked about the purchase of body cameras on the occasion of the election, Salehuddin Ahmed said, “We will take a decision regarding the body cameras, there is some work left.” Maybe we can do it in a few days.

MAS/MAH/MS