New budget pathway to building digital Bangladesh: Lawmakers

Hailing the proposed budget for 2015-16 as a realistic one, lawmakers from both treasury and opposition benches today termed it a time-befitting fiscal document full of self-confidence to create a pathway to building “Digital Bangladesh”, reports BSS.
Taking part in the general discussion on the national fiscal plan, they said the new budget is oversized but definitely a progressive and people-friendly one to be implemented properly provided political stability prevails in the country.
Finance Minister A M A Muhith placed a Taka 2 lakh 95 thousand 100 crore national budget for fiscal year 2015-16 (FY16) on June 4 in parliament with a 7 per cent GDP growth target.
Rashed Khan Menon, also president of Workers Party, hailed the budget terming it a realistic one with full of confidence, which could be implemented in all sectors.
“Despite the recent world economic recession, Bangladesh economy was unharmed with the per-capita income increasing twice. The size of the budget has expanded four times, foreign exchange reserve increased 6 times and the overall economy scored higher than the past,” he said.
Calling the proposed budget for 2015-16 a realistic and time-befitting one, he said this new budget would be able to fulfill the expectation of the common people.
He described the tremendous success of the government in different sectors including electricity, agriculture, education, health and some other key sectors and digitization of land management.
“Now the documents of land registration and other necessary papers are being preserved in many areas under the land management digitalization project,” he added. Shahjahan Khan mentioned the proposed budget as a document of developments of the present government led by Prime Minister Sheikh Hasina.
He said the country is heading towards progress as the poverty rate has come down satisfactorily, power generation has sharply risen, the reserve of foreign currencies has increased crossing the previous records.
Minister for Fisheries and Animal Resources Saidul Haque called the budget a realistic one and said no negative impact was seen since the new budget was announced in the parliament on June 4.
Speaking on the ICT sector, Junaid Ahmed Palak said Bangladesh entered the modern technology arena during the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and later it boomed as a role model of development from
1996, re-designed by Prime Minister Sheikh Hasina.
“The present development in the ICT sector is the brain child of the ICT adviser to PM and her son Sajib Wazed Joy who introduced it in 2008,” he told the House adding, “Bangladesh is well-known to the world as the labour-depended country through which it has now transformed into a digital revolution.”
Palak said the country’s 1,000 IT companies in line with the ICT Policy are working at home and abroad and as many as 20,000 students are being trained as skilled manpower per year.

New budget pathway to building digital Bangladesh: Lawmakers

Hailing the proposed budget for 2015-16 as a realistic one, lawmakers from both treasury and opposition benches today termed it a time-befitting fiscal document full of self-confidence to create a pathway to building Digital Bangladesh, reports BSS. Taking part in the general discussion on the national fiscal plan, they said the new budget is oversized but definitely a progressive and people-friendly one to be implemented properly provided political stability prevails in the country. Finance Minister A M A Muhith placed a Taka 2 lakh 95 thousand 100 crore national budget for fiscal year 2015-16 (FY16) on June 4 in parliament with a 7 per cent GDP growth target. Rashed Khan Menon, also president of Workers Party, hailed the budget terming it a realistic one with full of confidence, which could be implemented in all sectors. Despite the recent world economic recession, Bangladesh economy was unharmed with the per-capita income increasing twice. The size of the budget has expanded four times, foreign exchange reserve increased 6 times and the overall economy scored higher than the past, he said. Calling the proposed budget for 2015-16 a realistic and time-befitting one, he said this new budget would be able to fulfill the expectation of the common people. He described the tremendous success of the government in different sectors including electricity, agriculture, education, health and some other key sectors and digitization of land management. Now the documents of land registration and other necessary papers are being preserved in many areas under the land management digitalization project, he added. Shahjahan Khan mentioned the proposed budget as a document of developments of the present government led by Prime Minister Sheikh Hasina. He said the country is heading towards progress as the poverty rate has come down satisfactorily, power generation has sharply risen, the reserve of foreign currencies has increased crossing the previous records. Minister for Fisheries and Animal Resources Saidul Haque called the budget a realistic one and said no negative impact was seen since the new budget was announced in the parliament on June 4. Speaking on the ICT sector, Junaid Ahmed Palak said Bangladesh entered the modern technology arena during the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and later it boomed as a role model of development from 1996, re-designed by Prime Minister Sheikh Hasina. The present development in the ICT sector is the brain child of the ICT adviser to PM and her son Sajib Wazed Joy who introduced it in 2008, he told the House adding, Bangladesh is well-known to the world as the labour-depended country through which it has now transformed into a digital revolution. Palak said the countrys 1,000 IT companies in line with the ICT Policy are working at home and abroad and as many as 20,000 students are being trained as skilled manpower per year.