Call For Fair Distribution Of Resources

At the moment, the country has experienced a semblance of political order. But beneath it lies economic paradox as the parliament is deliberating on the budget for the upcoming fiscal year starting from mid-July. Officially, the new budget has been described as pragmatic and balanced, not populist. A whopping amount of annual outlay goes for meeting the general expenditures (61.31 per cent) while around 18.94 per cent of the total budget has been set aside for development spending. Ironically, the sources of capital budget have been the foreign grants, loans and internal borrowing. Even if the development budget is managed, its spending has been dismal for years. This is a reason why the pace of development has been slow despite the high-sounding claims and promises for rapid and broad-based economic growth.