Staff Reporter :
The budget session of the Jatiya Sangsad (JS) for fiscal year 2022-23 will begin from today (Sunday) and the initial size of the budget for 2022-23 FY will be Tk 677,864 crore and the target for revenue earning fixed Tk 431,657 crore.
Finance Minister AHM Mustafa Kamal is likely to present the budget at the national parliament on June 9, which will be the fourth budget presented by the current Finance Minister.
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 of the 11th Jatiya Sangsad, will begin at 5pm at the parliament Bhaban at Sher-e-Bangla Nagar.
The tenure of the session will be determined in a meeting of the JS’s
business advisory committee to be held on Sunday with Speaker Dr Shirin Sharmin Choudhry in the chair.
Earlier on May 17, the National Economic Council (NEC) approved a Taka 2,46,066.09 crore Annual Development Programme (ADP) for FY23 giving highest allocation to the transport and communication sector alongside putting priority on ensuring optimum utilization 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 Taka 2,46,066.09 crore, Taka 1,53,066.09 crore will come from the local sources while the rest of Taka 93,000 crore as project assistance.
However, considering an allocation of Taka 9,937.18 crore against the autonomous bodies and corporations, the overall ADP allocation for the next fiscal reached Taka 2,56,003.27 crore.
