In a statement, the Amar Bangladesh (AB) Party said on Thursday that the proposed budget for the FY2024-25 is an undemocratic exercise of a regime to continue their loot and plunder even more.
To collect taxes and VAT and then to spend for the people would require a public mandate which it has not had for the last fifteen years, AB Party said.
Moreover, deficit and debt-based budget would entrap the country in a perpetual loan cycle which generations not born yet will have to pay off, AB Party said in a post-budget reaction.
The organization also held a protest rally on Thursday evening at Bijoy 71 Square in the capital. A symbolic effigy of the finance minister of this dummy government and his red briefcase was set on fire to symbolise the anti-people budget which AB Party rejected outright.
Professor Dr. Abdul Wahab Minar, a retired major and Joint Convenor of the AB Party, Mojibur Rahman Monju, Member Secretary of the party, Barrister Asaduzzaman Fuaad, Joint Member Secretary of AB Party, among others, spoke in the rally, according to a press release.