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JS budget session begins tomorrow

Amirul Islam || risingbd.com

Published: 16:13, 31 May 2016   Update: 15:18, 26 July 2020
JS budget session begins tomorrow

Staff Correspondent: The budget session (11th session) of the 10th parliament begins on Wednesday and the national budget for the fiscal year 2016-17 is likely to be placed the following day.

This will be the third budget session of the current parliament which will begin at 5:00pm on the day.

Finance minister AMA Muhith will place the new national budget on 2 June.

Before the House goes into session, the business advisory committee of parliament will sit in a meeting at 4:00pm to fix the duration and businesses of the coming session.

Besides, a budget help desk will be opened at the 3rd level of Parliament at 3:00pm.

On 15 May, 2016 President Abdul Hamid summoned the session of the Jatiya Sangsad (JS) exercising the power bestowed upon him as per the Article 72 (1) of the constitution.

Earlier, the 10th session of the 10th parliament began on 24 April and was prorogued on 5 May after only nine sittings that passed 14 bills.

The size of the new budget is likely to be of Tk 3.4 lakh crore with a target of 7.2 percent Gross Domestic Product (GDP) growth.

AMA Muhith at different recent pre-budget discussions said that there would be a separate allocation for mega projects in the upcoming budget.

It will also have a focus on human resource development, employment, power and energy sector.

On 4 June, 2015, Muhith placed a Tk 2.95 lakh crore budget for the 2015-16 fiscal year.

risingbd/Dhaka/May 31, 2016/NR/Amirul

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