Finance Minister AHM Mustafa Kamal on Thursday placed the national budget in the Jatiya Sangsad eyeing a 7.5 percent GDP growth rate with an expectation of keeping annual inflation at around 6.0 percent.
Greeting the Prime Minister for the rare achievement of giving the 15th consecutive national budget, Md Jashim Uddin said the government has set targets to achieve the Sustainable Development Goals (SDGs) by 2030 and become a developed country by 2041.
"For achieving the goals, the size of the country's economy will naturally increase and therefore, the size of the country's budget will also increase. The budget size in the fiscal 2007-08 (FY08) was Taka 79,614 crore. But in FY24, the size of budget has increased by nine and a half times from FY08 to Taka 7,61,785 crore. The proposed budget is 12.34 percent higher than the current budget," he added.
Md Jashim Uddin, however, expressed concerns about the challenges associated with attaining the revenue target.
