Chief adviser Muhammad Yunus on Saturday asked the Finance Division to ensure that every allocation under the budget is properly spent.
Yunus gave the directive while being apprised of the new budget by the Finance Division, led by finance adviser Salehuddin Ahmed, in a meeting at the CA鈥檚 residence Jamuna in Dhaka, said ministry officials attending the meeting.
No allocation should remain unspent, said the CA as quoted by an official.
The CA also asked the Finance Division to announce a realistic budget, the first one under the interim government that assumed office on August 8, 2024, following the ouster of the Awami League regime in the wake of a mass uprising.聽
The CA reminded how unrealistic budgets were announced during the past political regime.
He also expected that the new budget will supplement the current macro-economic recovery, the forex reserve building, the reform initiatives for flexible exchange rates and the revenue moibilisation.聽聽聽聽
Earlier, finance secretary Khairuzzaman Mozumder gave a presentation on the new budget, highlighting聽 the strategy to check the government spending in curbing the double-digit inflation -- prevailing over the past three years.聽聽聽
The new budget is likely to be fixed at Tk 7,90,000 crore, Tk 7,000 crore less than the budget for the outgoing FY25, announced by the AL.
The overall non-development budget is likely to be Tk 5,50,000 crore and the development budget Tk 2,30,000 crore.
Besides, the finance secretary apprised the CA of a higher allocation of Tk 1,750 crore for the social safety net programme in the new budget to be announced on June 2.
The finance secretary highlighted the lack of capacity of a number of ministries for under-implementation in the areas of health and education.
The low capacity is also a major impediment to ensuring an optimum use of greater loans from multilateral and bilateral lenders in the health and education sectors, which are thrust areas for the interim government.
The new annual development programme of Tk 2,30,000 crore is expected to be approved by the National Economic Council today.
Already, the planning commission at an extended meeting in May finalised the new ADP, smaller than the original size of Tk 2,65,000 crore for the outgoing FY25.
Under the new ADP, Tk 1,44,000 crore will be mobilised from local sources while the rest Tk 88,000 crore from the foreign sources as loans.
