Budget a document of failure: BNP

A senior BNP leader warns that its implementation will 'further ruin' the economy

Dhaka, Jun 8 (bdnnews24.com)—Senior opposition leader Moudud Ahmed on Friday termed the new fiscal's budget 'a document of failure' of the government.

The BNP Standing Committee Member warned that its implementation would further ruin the economy.

"According to last year's statistics, the government could not achieve the target in many sectors including the GDP growth. They have prepared the budget of 2012-13 based on contraction policy," he said at a discussion at Jatiya Press Club on Friday.

"The budget will not bring any change to the fate of general people. It would neither reduce prices of essentials, nor would it increase investment and export.

"Instead, it would trigger inflation. It won't help create employment either. As a result, the country's economy will go down," Moudud claimed.

The BNP leader also thinks that it would not be possible for the government to implement the Tk 1.9 trillion budget.

"The government will not be able to reach the target of achieving 7.2 percent GDP."

The former Law Minister that the debate over non-party government will be settled in the streets if the government did not meet the opposition's demand.

"Opposition leader Khaleda Zia will announce new agitation programmes from the rally scheduled to be held in Dhaka on Monday."

The discussion was organised by Jatiyatabadi Shangskritik Dal in observance of the 31st death anniversary of BNP founder and former President Ziaur Rahman.

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