Kamal proposes Tk 5,000cr as block allocation for emergency requirements of COVID-19

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Dhaka, June 09: Finance Minister AHM Mustafa Kamal on Thursday proposed Taka 5,000 as block allocation in the next fiscal year to implement emergency measures to combat the pandemic.

The minister made the proposal while placing the proposed national budget for FY23 at Jatiya Sangsad in the city.

Kamal said, “The government is laying emphasis on how to combat such a complex pandemic situation as we experienced during COVID-19. To this end, the government is planning to develop the capacity to respond and control such pandemic quickly, conduct research in this sector and develop the institutional capacity, technical knowledge and skilled manpower to up-scale the overall capacity.”

In the last two fiscal years, sufficient budget has been allocated to the Ministry of Health and Family Welfare to implement the important activities to combat COVID-19 and for the development of health sector, he said.

“To meet any emergency expenditure, we earmarked Tk. 10 thousand crore as block allocation. Although the infection of COVID-19 coronavirus has reduced drastically, the fear of its reappearance still persists as the outbreak of COVID-19 is still evident in many countries. Bearing in mind the COVID-19 related health hazards, we are also proposing a block allocation of Tk 5 thousand crore for the coming fiscal year,” he added.