Budget will be realistic, size will not increase: Finance Adviser

The size of the budget in the upcoming 2025-26 fiscal year will not be unnecessarily increased. In addition, the budget will be realistic.

Finance Adviser Salehuddin Ahmed told reporters after a views exchange meeting with editors and senior journalists of electronic and print media on Wednesday (March 19) regarding the budget for the 2025-26 fiscal year.

“Pragmatic and local need-based projects will be given priority in the ADP for the next fiscal year while the next budget will be more or less rationale,” he said.

Dr Salehuddin also mentioned that like in the past, no ‘monument’ type project would be undertaken in the fresh ADP involving billions of dollars as such projects failed to bring any good result to the nation.

Special Assistant to the Chief Adviser Dr Anisuzzaman Chowdhury,  Finance Division Secretary Dr Md Khairuzzaman Mozumder and senior officials of the Ministry of Finance attended the meeting.

Turning to the issue of the country’s LDC graduation bid, the Finance Adviser said, “We can’t avoid graduation …we’ll remain sensible,” he said.

He said that some 5 to 6 countries are also looking forward to Bangladesh over the matter while taking necessary preparations would certainly brighten the country’s image further and thus increase the country’s pride in the global arena.

Stressing more on building a cashless society and faceless tax system, the Finance Adviser said that the taxpayers in various countries across the world need not to go to the tax officials due to the faceless tax system.