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The budget of 6 lakh 78 thousand crore is coming

rainbowrascal

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The proposed budget may have an overall deficit of Tk 2,41,793 crore

The budget for the new financial year (2022-23) is 6 lakh 78 thousand crore. Finance Minister AHM Mustafa Kamal will present the budget in the ongoing session of the National Assembly on June 9.

This information was given by the Ministry of Finance on Tuesday (June 7).


The budget of the new financial year is about 75 thousand crore more than the budget of the current financial year. The size of the budget for the current financial year was 6 lakh 3 thousand 681 crore. However, in the revised budget, it has been reduced from Tk 10,000 crore to Tk 5,93,500 crore.

The proposed budget may have an overall deficit of Tk 2,41,793 crore. To meet this, a loan of Tk 95,458 crore will be taken from abroad. Besides, a loan of Tk 1,46,335 crore will be taken from internal sources.

The Ministry of Planning has already informed that the amount of Annual Development Program (ADP) for the coming Fiscal Year is Tk. 2 lakh 46 thousand 66 crore.

 
This should humble all BD'shis.

A country of 175 million people with a 75 billion US dollar budget that is less than 20 million Romania with a 100 billion US dollar budget.


BD must be run under quasi-dictatorship for the rest of this decade to "bake in" all that has been achieved and so the development momentum does not get derailed by a change of government.
 
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