Finance Minister AHM Mustafa Kamal on Thursday said that the national budget in Bangladesh for the year 2034 will reach around a trillion US dollar, reports UNB.
“We’ve given over Taka Five lakh crore budget for FY20. By 2034, the budget for Bangladesh will be a trillion dollar, Insha Allah. You’ll have to have confidence in it,” he said.
The Finance Minister was addressing the closing ceremony of the two-day Good Project Implementation Forum organized by the Asian Development Bank (ADB) held at the Bangabandhu International Conference Center (BICC) in the city.
Referring to the indicative budget amount for 2034, Kamal said, “It’s gettable and it’s coming up and people will get the benefit of it. It’s a dream and we all together will materialize it,”
The Finance Minister said Bangladesh is now the 32nd largest economy and by 2030, the country would be the 24th largest economy in the world.
He said the main area of concern and focus of Bangladesh is to achieve the targets of SDGs by 2030 and to become a developed country by 2041.
“We’ve already become a middle income country and now we’re a developing economy alongside India, Brazil, China, Russia, Malaysia and the Philippines.” he added.
The Finance Minister said growth is now all around in the cities and villages while the government wants to see every village enjoy the same facilities that exist in the cities and towns.
He opined that this two-day event would give the government a pathway, some new ideas and enrich the government to move forward.
Recalling his sufferings during the dengue fever for which he could not fully deliver the last budget, Kamal prayed to Almighty Allah so that no one is infected with dengue virus anymore.
The Finance Minister also announced that two top officials of the awarded projects by ADB would be sent to countries like Vietnam, India and Singapore to gain more experience.
