In a bold departure from tradition, the latest national budget reveals a shift towards realism and inclusivity, signaling a new chapter for the country’s economic landscape. This change comes at a pivotal moment when the nation grapples with a fragile economy and seeks a path to stability.
At a recent press conference held amidst the historic halls of the Osmani Memorial Auditorium, a prominent financial adviser shed light on the government’s recent efforts. The remarks followed the unveiling of the Tk7.90 trillion budget for the fiscal year 2025-26, a figure that marks a historic first: the budget size has actually decreased compared to the previous year.
When the interim government stepped into leadership, the economy was described as being in a critical state, akin to a patient in intensive care. Dr. Salehuddin Ahmed, a respected voice in financial circles, explained, “When we took responsibility, the country was on life support the banking sector and key institutions were in disarray. Today, we’ve managed to bring about some degree of stability.”
This stabilization effort, he emphasized, was purely a commitment to steering the nation away from political power plays and toward economic responsibility. The reduction in the budget size is not a sign of austerity but a calculated move rooted in practicality. “For years, we heard about rising figures and record budgets, but who truly reaped the benefits? If development doesn’t improve the lives of ordinary people, then what’s the point?” he questioned.
The FY26 budget boldly champions a people-centric and business-friendly approach, emphasizing economic inclusion over mere growth metrics. Rather than rushing through radical transformations, the government has laid out a pragmatic three-year plan aimed at steady, sustainable progress.
Central to this vision is a commitment to enhancing the everyday lives of citizens. “Our primary goal is to improve the quality of life,” Dr. Salehuddin asserted. “We are focusing on making daily living more comfortable, raising standards of living, and ensuring that economic gains translate into tangible benefits for everyone.”
Amid political upheaval and calls for transparency, the interim government has pledged open communication and public engagement. Citizens are encouraged to share their feedback through official channels, fostering a more participatory approach to governance.
As the nation navigates this new economic course, the FY26 budget marks more than just numbers on paper. It signals a deliberate shift from rhetoric to responsibility an earnest move toward sustainable progress and genuine public welfare.
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