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Budget deficit of India, United Kingdom, USA is more than Bangladesh: Information Minister Bangladesh
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Budget deficit of India, United Kingdom, USA is more than Bangladesh: Information Minister

Bangladesh Live News | @banglalivenews | 05 Jun 2023, 10:01 am

Dhaka, 5 June 2023 : Minister of Information and Broadcasting and Joint General Secretary of Awami League Hasan Mahmud said that the budget deficit of India, United Kingdom and United States is more than that of Bangladesh.

Not only that, more than a hundred countries in the world have budget deficits, he said.

He said, 'Professional critics' who talk about the budget do a lot of research, show the deficit in the budget, drawing their attention.

"I would like to draw their attention that in our country, the deficit in the proportion of GDP for the fiscal year 2023-24 is 5.2 percent and in the case of India, this deficit is 5. 9.9 percent, 6 percent in the United States, 5.5 percent in the United Kingdom. That is, the budget deficit of India, United Kingdom, and the United States is more than that of Bangladesh. Not only that, more than a hundred countries in the world have budget deficits," he said.

The minister said these things during an exchange of views with journalists on contemporary issues at the secretariat on Sunday afternoon.

He said, "And our 'political critics' gave their speech without reading the budget."

In fact, this budget is people-friendly and poor-friendly, he said.

"Because the budget has said to increase the number of direct beneficiaries, the number of beneficiaries and the amount of allowance and directly 2 crore people will get various assistance including money from the government. All those who get it are poor. So this is not a pro-poor budget!" he said.