Printed on Thu Oct 06 2022 1:46:12 AM

Proposed budget is approved by the cabinet

Staff Correspondent
National
Proposed budget
The cabinet has approved the proposed budget for the next 2021-2022 fiscal year. A special cabinet meeting chaired by Prime Minister and Leader of the House Sheikh Hasina was held at the Cabinet Room of the Jatiya Sangsad on Thursday noon to approve the budget. Cabinet members took part in the meeting.

According to Parliament Secretariat sources, the meeting approved the budget for the next financial year.

The budget proposal for the fiscal year 2021-2022 will be tabled in Parliament on Thursday, the second working day of the budget session. Finance Minister AHM Mustafa Kamal will present the third budget of his tenure, the 21st budget of the Awami League government and the 50th budget of Bangladesh at 3 pm today. And, this will be the second budget session during the global pandemic.

This year's budget is being prepared with the highest priority on the strategy of overcoming the Corona situation. The probable size of which is six lakh three thousand crore taka. The budget deficit is also quite large. The target for GDP growth is 7.2 percent.

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