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Firoz Rashid: Budget laced with poison and honey

  • Published at 01:06 am June 20th, 2018
Jatiya Party MP Kazi Firoz Rashid UNB

Jatiya Party MP Kazi Firoz Rashid on Tuesday harshly criticised Finance Minister AMA Muhith for placing the national budget for FY19, which he said is “laced with both poison and honey” to facilitate those who plundered banks as well as a few rich families.

"This budget has no political and economic philosophy. It is also against the principle and ideology of Awami League. The finance minister formulated the budget by mixing both poison and honey," he said at a general discussion on the proposed budget for the next fiscal year in parliament.

The Jatiya Party MP further said: “He (Muhith) has placed the budget on behalf of 122 rich families of the country who own 80% of its resources. He has reduced the corporate tax for banks by 2.5% for those who plundered thousands of crores from banks.”

He urged the ruling party MPs to advocate for cancelling the finance minister's proposal to reduce the corporate tax. 

Firoz Rashid also questioned as to why Muhith bowed down to the banks. "This is an imbalanced and discriminatory budget as the finance minister took position in favour of looters and the rich. There's no step to reduce inequality in the budget."

He also said people have no confidence in banks due to mismanagement and unabated plundering. “Banks have now turned into the institutions of some families instead of the country's people.”

The Jatiya Party MP urged the government to take steps for restoring discipline in the banking sector so that people can benefit from the new budget. 

Firoz Rashid also alleged that there is no discipline in the administration, as all officials now show a partisan attitude as if they had turned into pro-Awami League officials.