The biggest-ever national budget proposed in Bangladesh’s history
Finance Minister AHM Mustafa Kamal has rolling out the national budget for the financial year 2019-20 (FY20) at the Jatiya Sangsad. This is the biggest-ever national budget proposed in Bangladesh’s history.
The finance minister started budget speech at 3.07 pm as invited by Jatiya Sangsad Speaker Dr Shirin Sharmin Chaudhury.
This is the country’s 48th budget and the 20th of the Awami League (AL) government in five terms while Tajuddin Ahmed presented the first budget as the finance minister of the post-independence Bangabandhu government in 1972.
Kamal is announcing his first budget as the country’s 12th finance minister after taking the charge of the finance ministry in the third consecutive term of AL government.
AMA Muhith and Saifur Rahman presented the highest 12 budgets each at different terms of their respective governments.
Muhith, however, is the first finance minister who placed the budget for 10 consecutive fiscals since 2009 until he went on retirement after the end of last parliament.
Earlier on the day, the cabinet in its special meeting, with Prime Minister Sheikh Hasina in the chair in the Jatiya Sangsad Bhaban cabinet room, approved the proposed budget for the coming financial year.
The finance minister, other cabinet ministers and state ministers concerned attended the meeting.
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