Financial express also published such news.
https://thefinancialexpress.com.bd/...-budget-implementation-pm-1599481525?amp=true
Economic recession may affect budget implementation: PM
FE Team | Published: September 07, 2020 18:25:25 | Updated: September 08, 2020 09:53:44
Prime Minister Sheikh Hasina addressing
the inaugural event of the Armed Forces Selection Board-2020 through a videoconference from Ganabhaban on Monday –PID Photo
Prime Minister Sheikh Hasina has said the government may not be able to implement the national budget fully if the worldwide economic recession continues or worsen further.
“Although it was passed to chase the government’s development targets, it might not be possible to implement the budget fully if the worldwide economic recession continues or worsen further,” she said.
The Prime Minister came up with the statement while addressing the inaugural event of the Armed Forces Selection Board-2020 through a videoconference from Ganabhaban on Monday, reports UNB.
The chiefs of the three services and other high officials got connected from their respective headquarters.
“This’s true we’ve given a huge budget…it’s not correct to think we’ll spend all the money right now. This is also a question how much money we’ll be able to provide,” Sheikh Hasina said.
The Prime Minister also asked all to exercise austerity in spending public money.
“We’ll keep the expenditures except the very essential ones on hold temporarily reducing the expenses to some extent. We’ll do these (less important expenditures) things when the good days will come back,” she said.
Urging all not to fear in advance, she said, “We’ll have all the arrangements and preparations. We’ll do as much as we can. It’s our target.”
Hasina mentioned that the government placed this budget as it has a target to make Bangladesh a poverty-free country in the Mujib Year.
She said the government had a target of 8.2 per cent GDP growth in the last fiscal year and 7.8 per cent growth was also achieved till April last, but it finally came down to 5.8 per cent at the end of the last fiscal year due to the Covid-19 pandemic.
Even then, Hasina added, the government has continued its efforts and extended support to different sectors as much as possible. “So, we’ve not made less allocation in the budget.”
“In the case of expenditures, all will have to spend (from the allocations) in a limited way…. we’ll have to calculate right now how much money we'll be able to collect and spend in this economic situation. I would like to ask all even our Armed Forces – three services—to do so.”
The Prime Minister said although there was an apprehension that the country’s reserve of foreign currency declined, now it has increased to US$ 39.4 billion.
PS: Here is two more news .
http://www.theindependentbd.com/post/252900
and
https://unb.com.bd/category/Bangladesh/exercise-austerity-in-spending-public-money-pm/57066
So surely such thing did not come from Amra Khan's rear end. I believe nothing is more important that defence development . If we immediately can not upgrade air force , we will be screwed up . So no excuse , even the excuse of covid - 19 is
not acceptable. Our our airforce is weak and we need to develop it right now. What else can be more essential than to defend the sovereignty that was achieve at the expense of
countless martyrs?