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JS goes into budget session Sunday

BSS . Dhaka
04 Jun 2022 18:04:45 | Update: 04 Jun 2022 18:09:20
JS goes into budget session Sunday

The Jatiya Sangsad goes into its budget session for fiscal year 2022-23 on Sunday.

President Md Abdul Hamid convened the session exercising the power bestowed upon him as per the Clause (1) of Article 72 of the constitution on May 18.

The session, also the 18th one of the 11th Jatiya Sangsad, will begin at 5:00pm at the parliament room at Sher-e-Bangla Nagar in Dhaka.

The tenure of the session will be determined in a meeting of the Jatiya Sangsad's business advisory committee to be held Sunday with Speaker Shirin Sharmin Chaudhury in the chair.

Finance Minister AHM Mustafa Kamal is expected to place the national budget for FY23 in the parliament on June 9.

This will be the fourth budget presented by the current finance minister.

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Earlier on May 17, the National Economic Council (NEC) approved a Tk 2,46,066.09 crore Annual Development Programme (ADP) for FY23 giving highest allocation to the transport and communications sector alongside putting priority on ensuring optimum utilisation of public fund through checking misuse.

NEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting virtually from her official Ganabhaban residence.

Out of the original ADP outlay of Tk 2,46,066.09 crore, Tk 1,53,066.09 crore will come from the local sources while the rest of Tk 93,000 crore as project assistance.

However, considering an allocation of Tk 9,937.18 crore against the autonomous bodies and corporations, the overall ADP allocation for the next fiscal reached Tk 2,56,003.27 crore.

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