8 percent of the budget is in subsidies and incentives

Finance Minister AHM Mustafa Kamal is going to present the budget for the fiscal year 2021-2022 in the National Parliament on June 3. This time the theme of the budget speech is ‘Life and Livelihood Proposal, Bangladesh's future’. The possible size of the budget may be 6 lakh 2 thousand 880 crores. In the meantime, the annual development program (ADP) of Tk 2 lakh crore has been completed.

According to the sources of the Ministry of Finance, there is a subsidy and incentive of Tk 48,500 crore in important sectors including agriculture and food in the upcoming budget. It is more than 8 percent of the potential budget. The highest subsidy is going to the agriculture sector in the remittance sector.

In the next financial year, the agricultural sector will be allocated 9 thousand 500 crores, electricity sector 9 thousand crores, export sector 7 thousand 350 crore subsidy. Also, 6 thousand crores in food, 4 thousand crores in remittance, 2 thousand crore subsidy in the interest payment of incentive package loan.

2018 to 2000, 2015, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018, 2018,

The officials of the Ministry of Finance said that the second wave of coronavirus has hit the country. Like last year, the government has to be imposing it as a result of the loss of the economy. In the meantime, agriculture and social security including the health sector has been affected. Therefore, the impact of the coronavirus in the next budget is also dominated by social safety, including health, agriculture and social security.