GDP growth target set at 7.5%

In the proposed budget, the government has fixed growth rate for FY2022-23 at 7.5%.

Total volume of the GDP is set at Tk44.50 lakh crore.

Finance Minister AHM Mustafa Kamal has placed Tk6.78 lakh crore national budget for FY23 at Jatiya Sangsad according top priority to safeguarding marginal people from inflation fuelled by the Russia-Ukraine conflict.

This is the fourth budget of the third consecutive term of the government led by Prime Minister Sheikh Hasina and also the overall 51st budget of the country.

The proposed budget is Tk74,383 crore higher than the original budget size of the FY2021-22 fiscal year, which was Tk6,03,681 crore.