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Kamal happy with GDP growth, per capita income attained in FY20


Bangladeshpost
Published : 12 Aug 2020 08:00 PM | Updated : 07 Sep 2020 09:55 PM

Finance Minister AHM Mustafa Kamal on Tuesday expressed his satisfaction at the 5.24 percent GDP growth rateand $2,064 per capita income attained by the country in the lastfiscal year (FY20), BSS reports.

Kamal expressed the satisfaction at the beginning of a virtualcoordination meeting with the secretaries of the Finance Division,Financial Institution Division, Internal Resources Division and the

Economic Relations Division (ERD) held today, said a Finance Ministry press release.

At the very outset of the meeting, the Finance Minister alsothanked the countrymen and the Prime Minister for such attainment inthe economic sector.

He said these four divisions under his ministry have been workingas a team and these would need to work intensively to keep up the paceof macroeconomic indicators in the coming days.

The Finance Minister said the concerned agencies would have to bemore careful in mobilization of local and foreign resources as well asin prudent cost management for properly implementing the budget forthe current fiscal year (FY21).

He said although such meeting could not take place for the lastcouple of months due to the coronavirus pandemic, but from now on thismeeting would take place in every three months.

NBR Chairman and Internal Resources Division Secretary Abu HenaMdRahmatulMuneem, Financial Institution Division Senior Secretary MdAshadul Islam, Finance Division Secretary AbdurRoufTalukder and ERDSecretary Fatima Yasmin attended the meeting.

ERD Secretary Fatima Yasmin informed that disbursement of foreignassistance at the end of the last fiscal year totaled $1.732 billion from various development partners as budget support.

The Finance Division Secretary sought support from the NBR to keepthe budget deficit within six percent of GDP in the current fiscalyear.