Finance Minister AHM Mustafa Kamal is placing a Tk 7.61 lakh crore for the next fiscal year (FY24) at Jatiya Sangsad (JS) today (June 1).

The finance minister started placing the proposed budget at 3:00 pm on Thursday (June 1) in the presence of Prime Minister Sheikh Hasina and a number of lawmakers.

Earlier in the day, the cabinet approved the proposed national budget at a special meeting. Bangladesh prime minister Sheikh Hasina presided over the meeting held at the cabinet room of the Jatiya Sangsad Bhaban.

It is the country's 52nd budget and the 24th of the Awami League government in five terms. This is also the 5th national budget in a row to be placed by Kamal.

The finance minister is placing the budget at a time when the global economy is passing through a volatile situation mainly because of the slow economic recovery from the COVID-19 pandemic along with the ongoing Russia-Ukraine war.

BDST: 1523 HRS, June 1, 2023
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