Monday, 16 July 2018
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Parliament passes Tk 4,64,573 crore national budget

Abrar Hussain: The Parliament yesterday gave the green light to the Tk 4,64,573 crore national budget for FY 2018-19.
UNB reported that Finance Minister AMA Muhith moved the Appropriations Bill, 2018 seeking a budgetary allocation of Tk 571833, 82, 92, 000 which was passed by voice vote.
Following the proposal, the ministers concerned placed justifications for the expenditures by their respective ministries through 59 demands for grant.
The Parliament had earlier rejected by voice vote a total of only 448 cut-motions that stood in the name of opposition and independent members on 59 demands for grants for different ministries.
A total of nine MPs from Jatiya Party and independent submitted their cut-motions on the budget.
They were allowed to participate in the discussion on Higher Secondary and Higher Education Division, Health Ministry, Local Government Division, Disaster Management Ministry and Railways Ministry.
Opposition and independent MPs were present in the House when the Appropriation Bill was passed in Parliament and they did not raise any voice against passing of the bill.
On June 7, Finance Minister AMA Muhith unveiled a Tk 4,64,573 crore ambitious budget, an unprecedented amount, for the next fiscal year (2018-19). Themed as ‘Bangladesh on a Pathway to Prosperity’, the largest ever budget seeks a growth target of 7.8%.

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