Ads

Govt focused on controlling inflation, cautious about increasing money supply: Adviser

Ads

"Categorise projects according to their significance," he instructed, stressing the need for careful selection

UNB

Publisted at 1:00 PM, Mon Aug 19th, 2024

Planning Adviser Wahiduddin Mahmud emphasised on Monday (19 August) that the government is focused on controlling inflation and is cautious about increasing the money supply.

During his first day in office at the Planning Ministry in Sher-e-Bangla Nagar, Wahiduddin urged officials to categorise projects based on their importance.

"Categorise projects according to their significance," he instructed, stressing the need for careful selection.

The adviser acknowledged that political governments often initiate numerous projects in their constituencies to fulfil political objectives.

"I am not criticising political governments, but it's a reality that they take on many projects with their political goals in mind," he said.

When discussing the potential halting of ongoing projects midway through their implementation, the planning adviser highlighted the importance of evaluating the remaining costs and the expected economic benefits upon project completion. 

"This is the only consideration," he noted, emphasising the need for prudent decision-making.

Ads

related news