In this issue

The national budget for FY2020-21 placed by Finance Minister AHM Mustafa Kamal in parliament on June 11 was one of the most challenging tasks of economic and financial management of the state since its independence. Kamal had to deal with this tough job amid the Covid-19 pandemic that has slowed down the economy. It was not surprising that he would be cautious in spending in the next fiscal year since the economy is under severe pressure. In the energy and power sector he proposed a cut in budgetary allocation by 4.6 percent. However, experts in the sector expressed mixed reaction to his plan for energy sector. Apparently there was no change in the budgetary measures for the government’s existing plans though it was suggested by the experts ahead of the budget announcement. The experts earlier suggested that the government should go slow with the development projects in the sector which were not in the process of implementation. Instead, they recommended, the funds should be directed to sectors that deserve emergency response due to the adverse impact of the pandemic.

Energy & Power Magazine Description:

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to 
a) Develop public consciousness on sustainable and even development of energy sector; 
b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector; 
c) Continuous supply of information among public; and 
d) Develop a group of reporters in this field 

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world. 
It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption. 
In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh. 
The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics 
EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice. 

EP believes in 
o Seeking truth and reporting the same 
o Minimize harm