The proposed budget for the next fiscal year is unrealistic, as it lacks significant structural and policy changes, analysts said in their immediate reaction yesterday.
“The new budget is completely unrealistic,” said Mirza Azizul Islam, a former finance adviser to a caretaker government.
He said the size of the proposed budget is 25 percent higher than the revised budget of the outgoing fiscal year, whereas the increase in the size of the budget was 17-18 percent in the last few years.
“There are no significant changes in the fiscal measures. So, how can we expect that the government will be able to implement such a huge budget?”
Islam said the GDP growth target of 7.