BD Parliament budget session begins Tuesday

The first budget session of the 11th parliament formed through the December-30 general election will begin on Tuesday.

Finance Minister AHM Mustafa Kamal will place the proposed national budget in the House on Thursday.

The size of the budget for the upcoming 2019-‘20 fiscal year will cross Tk 5 lakh crore (five trillion), said Prime Minister Sheikh Hasina at an Iftar Mahfil on May 25 last.

Before the House goes into the session at 5pm on Tuesday, the business advisory committee of parliament will sit in a meeting to fix the duration and businesses of the session.

President Abdul Hamid on May 13 summoned the third session (budget, 2019) of the 11th parliament exercising the power bestowed upon him as per Article 72 (1) of the constitution.

On June 7, 2018, former Finance Minister AMA Muhith placed a Tk 464,573-crore budget for the 2018-19 fiscal year.