'This is my best budget ever'

Finance Minister AMA Muhith has called his proposed budget for fiscal year 2017-18 his best budget ever, saying there are no flaws in it. The finance minister held his traditional post-budget media briefing on Friday at the Osmani Memorial Auditorium in the capital.

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“The budget I have placed in the parliament is the best budget of my life. The whole budget is bright, there are no weaknesses in it,” said Muhith. “I am happy as I have presented my best budget of my life. My first budget was Tk91,000 crore which turned into over Tk4 lakh crore. This is absolutely unprecedented in the history of budgets,” added Muhith.

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The minister said budgets should always be ambitious, addressing queries about the risks of a large budget. Finance Minister AMA Muhith and some other members of the cabinet address a post-budget media conference at Dhaka's Osmani Auditorium on Friday, June 2, 2017 PIDHe dismissed views that the government's implementation of the budget was poor, saying: “If the government cannot implement the budget, how are we handling bigger and bigger budgets each year?”

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“This budget is Awami League's budget but the main aim of the budget is to work for public welfare.” He also said the government will give subsidy in remittances so that non-resident Bangladeshis are encouraged to send money through proper channels.