Metropolis Report-
On Wednesday in the late afternoon, the 11th Jatiya Sangsad (JS) began its budget session. According to a JS press release, the session got underway at 5 o’clock with Jatiya Sangsad Speaker Dr. Shirin Sharmin Chaudhury presiding.
Using the authority granted to him by Article 72, clause (1) of the constitution, President Mohammed Shahabuddin called the 23rd session of the parliament into session.
On June 1, the national budget for the following fiscal year (FY24) will be presented by Finance Minister AHM Mustafa Kamal. On June 25, the proposed budget is anticipated to be approved by the parliament.
According to Finance Ministry officials, the potential budget size of Tk7,61,785 crore would strive to control inflation and sustain the higher GDP growth trajectory.
This time, the government wants to increase the economy by 7.5 percent in the upcoming fiscal year (FY24), while keeping inflation at a 6.5 percent level. The overall investment goal for the following year is 33.8 percent of GDP.
