Bangladesh: Kamal likely to place Tk 6,78,064cr budget for FY23 today

DHAKA, 09 June 2022, (TON): Finance Minister AHM Mustafa Kamal is likely to place a Taka 6,78,064 crore budget for the next fiscal year at Jatiya Sangsad tomorrow with the major challenge of reining inflation amid unfavourable global economic situation.

This will be the country's 51st budget and the 23rd of the Awami League government in five terms.

This would also be the 4th national budget in a row to be placed by Kamal.

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

According to the Finance Division officials, the next budget for the FY23 aims to attain a GDP growth rate of 7.5 percent based on the positive trend of economic recovery from the pandemic while it also eyes to contain inflation at 5.6 percent.

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