The cabinet approved the proposed national budget of over 8000 billion taka for the fiscal year 2024-25

The cabinet approved the proposed national budget of over 8000 billion taka for the fiscal year 2024-25

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The Cabinet approved the proposed national budget for the financial year 2024-25 in a special meeting on Thursday.

The meeting was chaired by Prime Minister Sheikh Hasina at the Cabinet Room of the Jatiya Sangsad Bhaban.

Finance Minister AH Mahmud Ali as well as other ministers and state ministers also attended the meeting. The finance minister will unveil the proposed national budget on Thursday afternoon after it is ratified by the president.

The proposed budget for the financial year 2024-25 is over Tk 8000 billion, including the Annual Development Programme (ADP) of Tk 2650 billion.

The National Economic Council (NEC) has already approved the ADP, with the transport and communication sector being allocated the highest amount of Tk 706.88 billion (26.67 ppc of the allocation).

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