The government doesn’t waste any reserve money, according to the PM.

The government doesn’t waste any reserve money, according to the PM : The Awami League government, according to Prime Minister Sheikh Hasina, never wastes a single penny from the foreign currency reserve and instead uses the funds for the benefit of the nation and its citizens. Sheikh Hasina was responding to BNP leaders’ lies today.

The government doesn’t waste any reserve money, according to the PM.

 

reserve money

 

“There is not a single penny of the nation wasted by the Awami League government. Every dollar is spent on the welfare and interests of the populace “She spoke. The 24-kilometer-long Dhaka-Ashulia Elevated Expressway, whose construction cost TK 17,553.4 crore, was officially opened when the premier made this statement.

From her official Ganabhaban house, she virtually attended the opening event held at the construction yard next to Ashulia Bazar in Savar. The BNP leaders, according to the prime minister, are constantly questioning the cost of the reserve funds and attempting to deceive the public by spreading untrue information.

“No rupee from the reserve funds is taken improperly. As their leader Tarique Zia, who is currently wanted on charges of money laundering, was sentenced to seven years in jail and the payment of TK 20 core, the BNP leaders frequently discuss this “She spoke. The prime minister claimed that despite the fact that the cost of goods, fuel, and transportation is skyrocketing due to high global inflation and the global economic meltdown brought on by the Covid-19 pandemic, the Russia-Ukraine war, sanctions, and counter-sanctions, her government is using the reserve funds to pay for imports of food, fuel, edible oil, wheat, capital machinery, cancer medicines, and vaccines.

According to Sheikh Hasina, they must pay cash for the Covid-19 vaccines and distribute them to the general public while conducting free coronavirus tests with the reserve funds. The prime minister claimed that various nations afterwards donated Covid-19 vaccinations to Bangladesh. She added that “no civilized country even gave their citizens the Covid-19 immunizations for free.”

She claimed that the government is utilizing the reserve funds to dig up the rivers and buy jets for the Bangladesh Biman. “For the purpose of keeping our money domestically, we are investing some reserve funds. Otherwise, we’ll need to borrow money from foreign banks and pay it back with interest “She spoke.

 

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The prime minister claimed that as Sri Lanka entered a crisis, they had donated some funds from the reserve to that country. She added that although Bangladesh is self-sufficient in food production, it must buy rice using reserve funds because the paddy fields were severely destroyed by the recent flood and cyclone.

Since her administration owes its constituents, the prime minister declared that they would not take any action that would be harmful to the nation. The “Father of the Nation” Bangabandhu Sheikh Mujibur Rahman spent his entire life to providing the public with a better and more beautiful existence, thus we as the Awami League have obligations to the people, she stated.

She added that the reserve was just 2.9 billion US dollars when BNP was in power but rose to five billion US dollars throughout the years 2001 to 2008. The current administration has since been able to boost the reserve to 48 billion US dollars. She said the 48 billion dollar reserve was possible as communication, transportations and import was almost halted due to the Covid-19 pandemic.

Referring to apprehension of the global famine, the prime minister reiterated her call to the countrymen to grow more food using every inch of land so no famine can hit Bangladesh. About the 24 kilometre Dhaka-Ashulia Elevated Expressway from Shahjalal International Airport to EPZ through Asulia, she said the project is taken mainly to make free Savar, Nabinagar, Ashilua and the North Bengal from traffic snarl and create uninterrupted communication.

The premier said her government had built the Dhaka-Ashulia Highway after coming to power in 1996. She added that the expressway will make uninterrupted communication on 44 kilometre highway up to Kutubkhali under Jatrabari Police via EPZ, Ashulia, Abdullahpur, Shahjalal International Airport, Kawla, Kuril, Banani, Mohakhali, Tejgaon, Moghbazar, Kamlapur, Sayedabad and Jatrabari after connecting the Dhaka Elevated Express Highway.

The prime minister said the communication of the Ashulia-Savar industrial area with the rest of the country would be easier and the expressway will contribute immensely to the national economy. “Once completed, the expressway will boost the country’s gross domestic product (GDP) 0.21 percent,” she hoped. People from 30 districts will be highly benefited from the expressway as it will make transportation of people and goods easier and quicker as it would help cut traffic congestion, she said.

The prime minister thanked the Chinese President for his support to Bangladesh’s development including the construction of the Dhaka-Ashulia expressway. Briefly describing the government’s measures for the overall development of the communication system, she said, “We have made tremendous development in all the road, river, rail and air ways for which the people are now getting benefits of those.”

 

reserve money

 

The prime minister said her government is working to transform Bangladesh into a developed and prosperous one by 2041. Road Transport and Bridges Minister Obaidul Quader and Chinese Ambassador to Bangladesh Li Jiming spoke at the function moderated by PM’s Principal Secretary Dr Ahmad Kaikaus.

People from all walks of life, including local public leaders and state minister for disaster management and relief Dr. Md. Enamur Rahman, were present at the Ashulia site. Md Monjur Hossain, secretary of the Bridges Division, gave a power point presentation on the express way. On this day, a film documentary about the elevated freeway was also shown.

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