More subsidies to stall country’s development wheel: PM
DHAKA, Nov 17, 2021 (BSS) –
Prime Minister Sheikh Hasina today said more
subsidies would hinder the wheel of country’s ongoing immense development
works and progress.
“You people (audience) should say how much money could be allocated for
subsidy . . . more subsidies means it would eat up a lion portion of the
national budget, resulting in hindering the development spree of the
country,” she said.
The premier made this remark in response to a query regarding recent price
hike at the press conference organized at her official residence Ganabhaban
about her just concluded visit to the United Kingdom and France.
She said if the government increases the funds for subsidy, allocation for
country’s development budget will get shrunk.
Sheikh Hasina said the government is supplying fuel at a lower price after
buying it at higher prices from the international market which required huge
amount of subsidy.
“If you (intellectuals and journalists) suggest me how could I make
adjustment in this price gap, I would do whatever you say . . . ,” she said,
adding, “You have to consider the issue.”
Sheikh Hasina said she is running the country and that is why she should
say what the reality is, “all the responsibilities — good or bad — is
shouldered by her”.
She also said her government would look into the matter so that people do
not face any sufferings.
Road Transport and Bridges Minister and Awami League General Secretary
Obaidul Quader, Foreign Minister Dr. A. K. Abdul Momen, Education Minister
and Awami League Joint General Secretary Dr Dipu Moni and Environment, Forest
and Climate Change Minister Md. Shahab Uddin, among others, were present on
the dais at Ganabhaban.