JS passes Tk 1,13,819cr budget

June 30, 2009

The parliament today passed a Tk 1,13,819 crore budget for fiscal 2009-10 in absence of the main opposition BNP.

 

The budget for the new fiscal year beginning from July 1, 2009 outlines Tk 1,89,960 crore in gross expenditure, including revenue and development spending, and Tk 1,13,819 crore in net expenditure.

 

According to the budget, food and disaster management ministry would get a maximum allocation of Tk 12,946 crore in both development and non-development sectors.

 

The defence ministry received the second highest allocation of Tk 8,199 crore while the third highest allocation of Tk 7,934 crore went to the Local Government Division.

 

As the main opposition BNP remained absent in the whole budget session, their cut motion proposals were not placed in the House.

 

Only some cut motion proposals of independent lawmaker Fazlul Azim were placed.

 

Since the opposition lawmakers were absent, the process of passing the budget was completed very quickly. It took about two hours.

 

Earlier, on Monday Prime Minister Sheikh Hasina and Finance Minister AMA Muhith gave concluding speech on the budget.

Source: thedailystar.net

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