FM is set to unveil Tk6.80 tn national budget at JS on Thursday
07 June 2022, 05:28 pm | Updated: 24 November 2024, 11:51 am
Finance Minister AHM Mustafa Kamal is set to place the national budget of Tk 6.80 trillion ( 6.80 lakh crore) in the Jatiya Sangsad for FY2022-2023 on Thursday.
The size of the budget will be about 15 percent of the country's gross domestic product or GDP.
This is the country’s 50th budget and the 23rd of the Awami League government in five terms. The budget will see special measures of tax exemptions on agriculture, food processing and small sector development.
The revenue collection target set for NBR is Tk 4.33 trillion, an increase of 9 per cent from the revenue target of the current fiscal year and annual development program (ADP) is set at Tk2.44 trillion.