The last budget session of the 11th National Parliament has started

News Desk:  The last budget session of the 11th National Parliament has started. Speaker at 5 pm on Wednesday. The session of the Parliament started under the chairmanship of Shirin Sharmin Chowdhury. Prime Minister and Parliament Leader Sheikh Hasina attended the session. This is the 23rd session of the ongoing 11th National Parliament. In this session, the proposed national budget for the upcoming fiscal year 2023-24 will be presented on Thursday. 

The new President Mohammad Shahabuddin convened the 23rd session of Parliament under the powers given to him under Article 72 Clause (1) of the Constitution. Finance Minister AHM Mustafa Kamal will present the national budget for the next financial year on June 1. The proposed budget is expected to be passed in Parliament on June 25.

According to various sources of the Ministry of Finance, the possible budget size will be Tk 761,785 crore in order to control inflation and maintain high GDP growth rate. The government is currently targeting a growth rate of 7.5% in the next fiscal year with inflation at around 6.5%. The total investment target for next year will be 33.8 percent of GDP.

 

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