BANGLADESH NEWS
BNP Chairperson Khaleda Zia on Tuesday bitterly criticised the government for all economic woes and accused it of formulating the upcoming national budget from political consideration.
“The ruling party has been demolishing individual freedom and perpetrating a reign of terror in fascist style. As a result, the national economy is in a state of jeopardy," she said.
"In absence of transparency and accountability, autocracy is now the last resort of the ruling party,” she said in her budget thoughts unveiled two days ahead of the finance minister's national budget speech on Thursday.
She said party loyalty and family relationship are now the criterion for use and distribution of resources. Bad governance, corruption, plundering of state resources and violation of human rights have seriously tarnished the image of Bangladesh abroad. As a result, Bangladesh has become an object of neglect by development partners.
The BNP chief, however, said they believe that with sincere political commitment and spontaneous participation and cooperation of the people, the nation can overcome such stagnancy.
Khaleda said the budget for the fiscal year of 2012-13 could not be termed as ambitious in the view of necessity of the country. "However, it is meaningless and ambitious when it comes to the government's ability to the meet revenue collection target.”
The former premier forecast the next fiscal year would be more difficult for the poor, low-income group, middle-class and farmers due to stubbornly high inflation, partly due to the excessively high government borrowing from the internal resources in face of scanty foreign aid.
The speech, however, fell short of providing concrete proposals for the upcoming budget as she mainly focused on the government's failures.
She outlined a 16-point vision 2030 to make Bangladesh a higher middle-income country and promised efforts to attain zero population growth for the country by 2030.
In her over an hour speech, she categorically promised to protect Grameen Bank with due dignity if voted to power and criticised the deal signed between Indian Sahara Group and Rajuk, saying that the deal was absolutely made on individual interest instead of the country.
She lambasted the ruling regime for the economic woes. "The economy is on the brink of destruction due to the government's mismanagement. The economy has reached such a messy state that it will be tough for any government to revive and revitalise the economy even with all good intentions."
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