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Bangladesh govt tightens its spending further

Imran Khan

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Govt tightens its spending further​

FE REPORT | Published: December 15, 2022 08:48:22 | Updated: December 15, 2022 10:04:47


Govt tightens its spending further





In the wake of adverse global economic situation, the government has further cut its spending from the national budget for the current fiscal year (FY).
The finance division in a notification issued on Wednesday stated that the spending on some cases will remain totally suspended and it will be lowered on some other areas.
According to the notification, spending on land acquisition under the operating budget will remain totally suspended.
Also, no more fresh notification of award (NoA) will be issued under the 'building and establishment' sector while not more than half of the funds allocated in the budget can be spent for NoAs already issued.
Moreover, spending will remain totally suspended in case of procurement of computers, furniture, and other instruments, the notification added.
It also noted that funds allocated for these purposes cannot be transferred to other sectors or no fund can be transferred to these sectors from other sectors.
As the Russia-Ukraine war in late February has led to global economic crises, the government's earnings from home and abroad fell significantly, forcing it to cut spending, including suspension of implementation of a large number of projects.
Earlier, the government has suspended foreign tours of its employees and restricted imports of gas and oil for power generation, among others, to mitigate the pressure on dwindling foreign currency reserves.
syful-islam@outlook.com

 
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Govt tightens its spending further​

FE REPORT | Published: December 15, 2022 08:48:22 | Updated: December 15, 2022 10:04:47


Govt tightens its spending further





In the wake of adverse global economic situation, the government has further cut its spending from the national budget for the current fiscal year (FY).
The finance division in a notification issued on Wednesday stated that the spending on some cases will remain totally suspended and it will be lowered on some other areas.
According to the notification, spending on land acquisition under the operating budget will remain totally suspended.
Also, no more fresh notification of award (NoA) will be issued under the 'building and establishment' sector while not more than half of the funds allocated in the budget can be spent for NoAs already issued.
Moreover, spending will remain totally suspended in case of procurement of computers, furniture, and other instruments, the notification added.
It also noted that funds allocated for these purposes cannot be transferred to other sectors or no fund can be transferred to these sectors from other sectors.
As the Russia-Ukraine war in late February has led to global economic crises, the government's earnings from home and abroad fell significantly, forcing it to cut spending, including suspension of implementation of a large number of projects.
Earlier, the government has suspended foreign tours of its employees and restricted imports of gas and oil for power generation, among others, to mitigate the pressure on dwindling foreign currency reserves.
syful-islam@outlook.com


So Bangladesh government again does the most sensible thing.

Belt tightening 😂😂

Just what the doctor ordered.

What is Pakistan doing?

Getting ready for another coup and bankruptcy 😂😂😂
 
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So Bangladesh government again does the most sensible thing.

Belt tightening 😂😂

Just what the doctor ordered.

What is Pakistan doing?

Getting ready for another coup and bankruptcy 😂😂😂


Building more housing societies to house their fat gawar generals 🤣🤣




That country is like the gift that keeps on giving, just when the bottom couldn't fall out any further, they kick it up a notch 🤣🤣



Bit like the class clown of South Asia but it's only funny because they're the joke 😂




Opening negative threads like a chiro-kumar in some attempt to irk us, only to fail miserably and entertain us instead.




Guess Bangladesh needs to add two products to it's export kitty at the soonest - Burnol and Shui shuta... 😂😂
 
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Govt tightens its spending further​

FE REPORT | Published: December 15, 2022 08:48:22 | Updated: December 15, 2022 10:04:47


Govt tightens its spending further


But, why a sudden decision to stop land acquisition? Is it not the main source of corruption money of Hasina and her colleagues? They have earned billions of dollars worth of money from this sector. Pay the land owner Tk100 and force them to write receiving Tk1000 BD style.

No wonder, BD has become the model of national development under the unelected BAL party.

I am now worried about Hasina's mental and physical health. Her health will worsen without corruption money which is earned really by our women workforce in the garments and expatriates in the ME.
 
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Excellent news as we are seeing BD government being very responsible in order to safely navigate these troubled economic times.
Why sudden change of your so valuable opinion? Why do not you ask Hasina and her colleagues to vomit up the money they stole so far in this sector and finance a few land-purchasing scheme?

With this kind of scheme, BD will certainly rise above Japan.

Japan developed its industries continuously since the 1860s, govt collected income taxes from employed individuals and companies. It used this money to build infrastructure.

But, the BAL government borrows money to build infrastructures and does stealing in the process.

In its entire existence, Japan borrowed only $500 million when it was building the Tokyo- Osaka Tomei Expressway in 1968. It repaid this money long before the due date. Japan and the Japanese are very proud people unlike us whose govt keeps on borrowing money only to steal from it.

And you guys propagate BD is almost near Japan/ Singapore when the govt follows a lopsided policy.
 
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Excellent news as we are seeing BD government being very responsible in order to safely navigate these troubled economic times.

@UKBengali ,
I'm sure you would agree with every news that published in news portals related to failure of COVID-19 management by your Govt if only empress assured it. Sadly she reminded silent.

If she would not remain silent, she wouldn't have to face such days.

However if Hasina still neutralize her sycophants like you guys ( online and offline) , she will have an honorable exit in future , that bitter person like me still sincerely want!

But sycophants are here and in real world are to destroy the reputation of Hasina!

If only Hasina tightened the budget long ago without wasting money on many cases , ( she might not know about all wrong doing , but she trusted her sycophants a lot; unfortunately although she is more practical than BB , still she has the bad quality of BB that they both are very fan of sycophancy) , I'm sure her throne wouldn't be in danger ; that still you guys pretend to ignore!

Seriously she needs to neutralize her sycophants as soon as possible, she can still save her good image!

However for your sake I will post a A poem of Kazi Nazrul Islam named Mosaheb ( sycophant) !

সাহেব কহেন, “চমৎকার! সে চমৎকার!”
মোসাহেব বলে, “চমৎকার সে হতেই হবে যে!
হুজুরের মতে অমত কার?”

সাহেব কহেন, “কী চমৎকার,
বলতেই দাও, আহা হা!”
মোসাহেব বলে, “হুজুরের কথা শুনেই বুঝেছি,
বাহাহা বাহাহা বাহাহা!”

সাহেব কহেন, “কথাটা কি জান? সেদিন -”
মোসাহেব বলে, “জানি না আবার?
ঐ যে, কি বলে, যেদিন -”

সাহেব কহেন, “সেদিন বিকেলে
বৃষ্টিটা ছিল স্বল্প।”
মোসাহেব বলে, “আহা হা, শুনেছ?
কিবা অপরুপ গল্প!”

সাহেব কহেন, “আরে ম’লো! আগে
বলতেই দাও গোড়াটা!”
মোসাহেব বলে, “আহা-হা গোড়াটা! হুজুরের গোড়া!
এই, চুপ, চুপ ছোঁড়াটা!”

সাহেব কহেন, “কি বলছিলাম,
গোলমালে গেল গুলায়ে!”
মোসাহেব বলে, “হুজুরের মাথা! গুলাতেই হবে।
দিব কি হস্ত বুলায়ে?”

সাহেব কহেন, “শোনো না! সেদিন
সূর্য্য উঠেছে সকালে!”
মোসাহেব বলে, “সকালে সূর্য্য? আমরা কিন্তু
দেখি না কাঁদিলে কোঁকালে!”

সাহেব কহেন, “ভাবিলাম, যাই,
আসি খানিকটা বেড়ায়ে,”
মোসাহেব বলে, “অমন সকাল! যাবে কোথা বাবা,
হুজুরের চোখ এড়ায়ে!”

সাহেব কহেন, “হ’ল না বেড়ানো,
ঘরেই রহিনু বসিয়া!”
মোসাহেব বলে, “আগেই বলেছি! হুজুর কি চাষা,
বেড়াবেন হাল চষিয়া?”

সাহেব কহেন, “বসিয়া বসিয়া
পড়েছি কখন ঝিমায়ে!”
মোসাহেব বলে, “এই চুপ সব! হুজুর ঝিমান!
পাখা কর, ডাক নিমাইএ”

সাহেব কহেন, “ঝিমাইনি, কই
এই ত জেগেই রয়েছি!”
মোসাহেব বলে, “হুজুর জেগেই রয়েছেন, তা
আগেই সবারে কয়েছি!”

সাহেব কহেন, “জাগিয়া দেখিনু, জুটিয়াছে যত
হনুমান আর অপদেব!”
“হুজুরের চোখ, যাবে কোথা বাবা?”
প্রণামিয়া কয় মোসাহেব।।

 
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