Chattogram hails proposed national budget

CHATTOGRAM, Leaders of different trade bodies, entrepreneurs, economists and leaders of political parties hailed the just announced proposed national budget for fiscal 20192020 and termed it as pragmatic and developmentoriented.

This budget aims with basic objective to make a step towards turning the

country into a middleincome one by 2021, they commented.In an instant

reaction to BSS, acting president of Chattogram Chamber of Commerce and

Industries (CCCI) Sayed Zamal Ahmed welcomed the budget saying it would play

a positive role in growth of different development strategies in business,

investment and poverty alleviation.

The acting CCCI President thanked the government for giving special

allocation to ongoing mega projects including the high speed DhakaChattogram

train, construction of Bay terminal in Chattogram port,

Bangabandhu Sheikh Mujib Industrial Area, the largest, planned and modern

industrial area on 30,000 acres of land in Mirsarai, Sonagazi and Sitakunda

upazilas which is progressing in full swing. Establishment of 100 Specialised

Economic Zones (SEZs) across the country was in progress for employment

generation through increased investment. He conveyed thanks to the present

government for establishing economic zones and creating employment facilities

for the people.

President of Chattogram Women Chamber of Commerce and Industries Monowara

Hakim Ali said increased allocation in education would increase ongoing

quality education in the country particularly in primary level. She said the

people would be benefited with the reduction of import duty on raw material

of cancer medicine and raw material of locally assembled mobile phone. The

women chamber president, however, underlined importance of proper and quality

implementation of the proposed budget for graduating the country into a

middle income developing one. Terming the proposed budget as production and

employment opportunity oriented one the women chamber president said the

business entrepreneurs will feel encouraged to invest in industry which will

result in generating employment opportunity in the country.

President of Chattogram Metropolitan Chamber of Commerce and Industries

Khalilur Rahman today hailed several proposals of the national budget for

fiscal 201920 and termed it as a business friendly one.He also demanded more

allocation in the field of communication, health and development of

Chattogram port.

City Jatiya Party (JP) leader Solaiman Alam Sheth termed the proposed

budget for fiscal year 201920 though apparently ambitious but it is

development oriented which would create vast opportunities for businessmen

and private sector.He, however, demanded of the government allocation of

special budget for overall development of Chattogram.

Other speakers at the meeting also welcomed other highlights of the

budget including increasing the rate of allowance for financially

insolvent, disabled persons, beneficiaries of the educational stipend

allowances for the disabled person, both at the primary and secondary

levels.Hailing the proposed budget.

Law Affairs' Secretary of Chattogram city Awami League (AL) and former

President of Chattogram District Bar Association Advocate Iftekhar Saimul

Chowdhury said the propeople budget would play a significant role to boost

the economy, alleviate poverty and improve quality of education, empower

women, industrialise and establish a Digital Bangladesh.He said in order to

increase the social security coverage and improve the living standards of the

poor the social security net had been increased for the protection of the


Chattogram city AL and its front organizations also brought out separate

processions welcoming the budget.The procession led by city Mayor AJM Nasir

Uddin started from the city's Darul Fazal market and ended at the Muslim Hall

Institute after parading different important city streets.

However, BNP did not give any formal reaction to the budget.

Source: Bangladesh Sangbad Sangstha (BSS)