Cabinet approves proposed national budget for FY 24-25

The cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2024-25.

Prime Minister Sheikh Hasina presided over the meeting held at the cabinet room of the Jatiya Sangsad Bhaban.

Finance Minister Abul Hassan Mahmood Ali, other ministers and state ministers concerned attended the meeting.

The Finance Minister is set to unveil the proposed national budget of Tk 797,000 crore for the fiscal year 2024-25 at the Jatiya Sangsad at 3 pm.

This budget will be the maiden budget of incumbent Finance Minister Abul Hassan Mahmood Ali, who previously served the Cabinet as the Minister for Disaster Management and Relief and the Minister for Foreign Affairs.

This will be the country’s 53rd budget and the 25th of the Awami League (AL) government in six terms. This budget will also be the 21st under the rule of Prime Minister Sheikh Hasina in different terms.