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Seminar on fiscal planning, budgetary process

Active participation of MPs in preparing budget suggested
A two-day seminar on Fiscal Planning and Budgetary Process ended in Dhaka Monday with a call for active participation of parliament members tn the preparation of the national budget, reports UNB.
About 80 MPs attended the seminar on the concluding day as Kazi Jalaluddtn Ahmed, a former secretary of parliament and Enam Ahmed Chowdhury, the ERD Secretary, presented
keynote papers.
Chief Whip Khandker De I war Hossain, President of Metropolitan Chamber of Commerce and Industry Morshed Khan and Additional Secretary of Parliament Secretariat Khandker Abdul Haq Meah were among the main discussants at Monday's first session of the seminar.
Awaml League leader Mohtuddin Ahmed MP chaired the concluding session which was addressed . among others, by Enayctullah Khan. Chief Editor of Holiday.
MPs who took part In the discussion Included Salauddin Kader Chowdhury, Shamsul Haq. Enamul Haq. Shamsuddoha. Dherendra D^bnath- Shambhu. Akbar Hossain, Barrister Ziaur Rahman, Maulana Abdus Sobhan. Sudhangshu Skehar Haidar, Farida Hasan and Hafeza Asma Ahmed.
Khandker Dclwar Hossain said that power of MPs was so limited that they had virtually very little to do in the process of budget formulation. He pointed out that according to the rules of procedure, MPs can only discuss the budget after it has been finalised.
He said the tradition is such that the ruling party members usually praise the budget while opposition members criticise it.
Hossain emphasised that the MPs' participation in the formulation of the budget should be ensured. "They
should be able to decide wh.U will get priority and what taxes should be levied on what.
Khandker Abdul Haq Miah said apart from discussing tax ation, the parliament should also decide on budgetary expenditure
He stressed on expansion of MPs participation in the for mutation of the budget before Its placement.
Speakers at the discussion maintained that parliament members should also be kept posted on the ald-condltlonali-lK» of the donor agencies and countries.
MPs taking part in the seminar also observed that 70 per cent of aid or grants went back to the donors to foot the bills for technology, expertise and consultancy.
ERD Secretary Enam Ahmed Chowdhury in his keynote papers on External Cooperation and Fiscal Policy Formulation, said that fiscal policy In the early 198Os was dominated by financial stabili sation objectives.
Between 1982-83 and 1985-86 the focus was on reducing budget deficit from 1 1.2 per cent to 7.6 per cent of GDP. which was achieved through cutting back subsidies to fertilizers and rationing system and reducing the size of civil service.
Enayctullah khan said all the past governments always depended on foreign aid and loans for economic develop ment.