Dhaka: Finance Adviser Dr. Salehuddin Ahmed announced that the interim government has endeavored to present a people-oriented and business-friendly budget, aiming to deliver a practical, pragmatic, and implementable financial plan. During a post-budget press conference held at the Osmani Memorial Auditorium in the capital, Dr. Salehuddin emphasized the government’s commitment to improving living standards and advancing Bangladesh’s position on the international stage.
According to Bangladesh Sangbad Sangstha, Dr. Salehuddin Ahmed revealed a Taka 7,90,000 crore national budget for the fiscal year 2026 through a pre-recorded televised speech, as the Jatiya Sangsad is currently not in session. Notably, the budget marks a reduction from the previous fiscal year’s budget, a first in the country’s history, in response to challenges in inflation, and sectors such as energy, banking, and revenue.
Dr. Salehuddin underscored the importance of enhancing citizens’ living standards and purchasing power, alongside mainta
ining law and order to foster a conducive environment for trade and commerce. He acknowledged the rough path ahead, necessitating both local and international resources. Efforts are underway to reorganize the revenue board, tax system, and secure foreign support through negotiations while focusing on debt sustainability.
The proposed budget, described as not ‘as usual’, ensures policy continuity despite the inability to completely diverge from existing trends. It includes steps like tax concessions and fiscal discipline restoration. Dr. Salehuddin invited public and media collaboration, encouraging constructive criticism to implement the budget effectively.
Addressing concerns about undisclosed money, Dr. Salehuddin admitted the challenges in recovering laundered assets, noting the intelligence of those involved in money siphoning. The government is actively tracing these funds, though the process is time-consuming, akin to Nigeria’s 20-year endeavor to repatriate its laundered money. He highlighted the pot
ential fiscal benefits if laundered funds could be reclaimed.
Dr. Salehuddin stressed the country’s potential and urged citizens to harness these opportunities. He acknowledged ongoing reforms across various sectors, aiming to leave a foundation for future governments to build upon. The budget’s primary context involves managing limited resources against vast demands, while addressing challenges in mobilizing local and foreign resources amid global conditions.
In conclusion, the Finance Adviser highlighted the need to restore both the economic and law and order situations, noting the destruction faced by many entities under the previous regime. The budget has been framed amidst resource constraints, relying on local resources and foreign support.