JS goes into budget session today

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BSS :
The 12th National Parliament will go into its third session today (Wednesday).

It will be the first budget session of the present stint of the Awami League government came to power through the general election on January 7 this year.

The session will start at 5pm.

Earlier on May 20, President Mohammed Shahabuddin convened the session exercising the power bestowed upon him as per Article 72 (1) of the Constitution.

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Finance Minister Abul Hassan Mahmood Ali is expected to place the national budget for fiscal year 2024-25 (FY25) today (Wednesday) afternoon.

This will be the first budget of the present Awami League government which came to power for the fourth consecutive term through the January 7, 2024 national election.

The size of the proposed budget is expected to be around Tk8,00,000 crore, said a finance ministry official, adding that controlling the rising inflation is likely to get the top priority in the budget.