Bangladesh unveils nearly 38 bln USD national budget for fiscal year 2015-16

[The Great One]

Once

Once pigs start flying........................................................................................

 

[Bangla25]

Lol @ Indians celebrating this temporary influence they have in BD.

Once BD has sorted it's infrastructure and eliminated poverty, then expect a nationalist
government to build a powerful military that could invade the NE of India if required.

India will be made to behave by BD threat to dismember it.

Please use your brains. Why would you want yo invade Northeast India. They are a different people. Why would you want to dilute Bangladeshi genes? Heck, I don't want even West Bengal. Let's just build a border around Bnagladesh and make it a fortress with only way in and out of the country via plane (and for trade ship as well). It doesn't bother me, or anyone other Bangadeshi I know, one bit whether India has Northeaat India. In fact, I would hazard a guess 99 out of 100 Bangladeshis in the UK do not even know of a place called Northeast India.

 

[UKBengali]

Please use your brains. Why would you want yo invade Northeast India. They are a different people. Why would you want to dilute Bangladeshi genes? Heck, I don't want even West Bengal. Let's just build a border around Bnagladesh and make it a fortress with only way in and out of the country via plane (and for trade ship as well). It doesn't bother me, or anyone other Bangadeshi I know, one bit whether India has Northeaat India. In fact, I would hazard a guess 99 out of 100 Bangladeshis in the UK do not even know of a place called Northeast India.

NE India will supply massive land, agricultural and mineral resources.

It only has a population around 30 million and so will not adversely affect BD demographics.

I am not saying that BD should invade and annex NE but we should threaten to do so if India does not behave itself.

 

[Jf Thunder]

Lol @ Indians celebrating this temporary influence they have in BD.

Once BD has sorted it's infrastructure and eliminated poverty, then expect a nationalist
government to build a powerful military that could invade the NE of India if required.

India will be made to behave by BD threat to dismember it.

in case you forgot, they have already dismembered you before in 1971, ring any bells?

 

[UKBengali]

in case you forgot, they have already dismembered you before in 1971, ring any bells?

My Pakistani friend it was YOUR country that got dismembered in 1971. There was no BD before 1971.

BD is a single-ethnic state and so not really easy to dismember.

 

[I FLY HIGH]

Bangladesh unveils nearly 38 bln USD national budget for fiscal year 2015-16 - Xinhua | English.news.cn



Bangladesh unveils nearly 38 bln USD national budget for fiscal year 2015-16
English.news.cn 2015-06-04 20:02:10

DHAKA, June 4 (Xinhua) -- The Bangladeshi government has unveiled a record about 3 trillion-taka (about 37.83 billion U.S. dollars) proposed national budget targeting an economic growth of 7 percent for the next 2015-16 fiscal year starting in July.


The country's Finance Minister AMA Muhith on Thursday placed the seventh annual budget of Prime Minister Sheikh Hasina's ruling Bangladesh Awami League (AL) party government since 2009 before the parliament.

In his budget speech, Muhith said despite favourable macroeconomic situation and enhanced public investment, slow pace of private investment is largely responsible for hindering expected high growth.

"We have taken up a range of steps in power, energy and communication sectors along with development of ports and economic zones to overcome this obstacle. These initiatives will sustain the economic momentum by accelerating aggregate demand."

Muhith said the total outlay of the proposed budget for the next fiscal year 2015-16 (July 2015-June 2016) is 2,951.00 billion taka, up by more 18 percent over that of the original budget of the outgoing fiscal year 2014-15 (July 2014-June 2015).

"Total expenditure for 2015-16 fiscal year has been estimated at 2951.00 billion taka (17.2 percent of GDP)."

According to the proposal, the overall budget deficit will be 866.57 billion taka, which is 5 percent of GDP.

Of this amount, 301.34 billion taka (1.8 percent of GDP) will be financed from external sources and 565.23 billion taka (3.3 percent of GDP) from domestic sources.

Muhith said the total estimated revenue will be 2.84 trillion taka.

On the expenditure side, he said the size of Annual Development Program for the next fiscal year will be 970 billion taka with transport, power, physical infrastructure and education sectors getting the biggest chunk of money.

Muhith said that volatility in Eurozone, however, foreshadows an ominous sign.

He expected recovery of the U.S. and euro economies and implementation of reform initiatives in the RMG sector are likely to boost Bangladesh exports in the near term.

"Based on these assumptions, GDP growth rate has been projected at 7.0 percent for fiscal 2015-16."

Muhith said inflation is expected to slide further down in 2015- 16 fiscal year reflecting fall in international oil prices, favourable agricultural production, continuous improvement in domestic distribution system and impact of restrained monetary policy.

"Taking all these into account, we are setting inflation target at 6.2 percent for 2015-16."

The government has hailed the national budget 2015-16 with Prime Minister Sheikh Hasina calling it "progressive and practical " while the opposition slammed it.

Hasina's ruling Bangladesh Awami League party welcomed the budget, also terming it a pro-people one that will help boost development in the country.

But Hasina's arch rival ex-Prime Minister Khaleda Zia's Bangladesh Nationalist Party (BNP) as always rejected the budget, saying it is anti-people, anti-development and anti-investment. (1 U.S. dollar equals to 78 taka)

Please post some salient features and spending proposed in the budget .

 

[Jf Thunder]

My Pakistani friend it was YOUR country that got dismembered in 1971. There was no BD before 1971.

BD is a single-ethnic state and so not really easy to dismember.

so were you not part of MY country?
wait why would someone want to dismember BD? as much as i dont like India, India is not so easy to dismember you know?

 

[UKBengali]

so were you not part of MY country?
wait why would someone want to dismember BD? as much as i dont like India, India is not so easy to dismember you know?

BD had enough of Pakistan and left so there you go.

It was never going to work out anyway, if only due to the geographical
separation.

India will eventually disintegrate like all muti-ethnic states have done in history.

 

[Jf Thunder]

BD had enough of Pakistan and left so there you go.

It was never going to work out anyway, if only due to the geographical
separation.

India will eventually disintegrate like all muti-ethnic states have done in history.

why do u want balkanization of the Subcontinent

 

[Mr.Nair]

India-Bangladesh Ratify Land Boundary Agreement in Dhaka

 

[Bangla25]

BD had enough of Pakistan and left so there you go.

It was never going to work out anyway, if only due to the geographical
separation.

India will eventually disintegrate like all muti-ethnic states have done in history.

I have to agree with you on that. India will eventually disintegrate and Balkanise along linguistic and cultural identity.

 

[Mr.Nair]

Adani, Reliance to build Bangladesh power plants to ease crisis - The Times of India

4600 MW for Bangladesh

Bangladesh also planned to more than double its electricity imports from India to 11,000 MW by 2017 from 5,000 MW

 

[Jaat Rock]

There was never any Akhand Bharat or never will. But Bangladesh is past present and future

There was Akhand Bharat during Maurya Empire and there was no Bangladesh before 1971

 

[ito]

Interestingly the national budgets of both Pakistan and BD are same.

 

[UKBengali]

Interestingly the national budgets of both Pakistan and BD are same.

Pakistan spent around 50 per cent more only 5 years ago.

The reasons are that BD has had much higher economic growth and at the same time is
spending a larger proportion of GDP on the budget.

BD government has been successful in increasingly the tax intake and has other plans to obtain
even more revenue.