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Prime Minister Sheikh Hasina and Finance Minister Abul Hasan Mahmud Ali Sign the Budget Proposal for FY 2024-25

Prime Minister Sheikh Hasina and Finance Minister Abul Hasan Mahmud Ali Sign the Budget Proposal for FY 2024-25

Dhaka, June 6, 2024 – Prime Minister Sheikh Hasina and Finance Minister Abul Hasan Mahmud Ali signed the budget proposal for the fiscal year 2024-25 on Thursday (June 6, 2024) in a special cabinet meeting held in the Cabinet Room of the National Parliament Building. Other members of the cabinet were also present, and detailed discussions were held on various aspects of the budget.

 Key Objectives of the Budget Proposal:
– **Economic Development and Growth:** The budget proposal includes various measures aimed at achieving economic development and high growth. It emphasizes infrastructural development, industrialization, and export growth with special incentives.
– **Investment in Education and Health:** Significant investments are planned for the education and health sectors to improve the country’s human resources and healthcare system.
– **Agriculture and Food Security:** Various measures are proposed for the development of the agriculture sector and ensuring food security, providing farmers with advanced technology and facilities.
– **Social Security and Poverty Alleviation:** The budget places special emphasis on the social security sector and outlines various programs aimed at poverty alleviation.

Prime Minister’s Statement:
Prime Minister Sheikh Hasina stated, “Our budget proposal will play a special role in the development and welfare of the people of our country. We are committed to improving the quality of life for people at all levels.”

 Finance Minister’s Comments:
Finance Minister Abul Hasan Mahmud Ali remarked, “This budget proposal will ensure overall economic stability and growth for the country. Our goal is sustainable development and prosperity for all citizens.”

The budget proposal is now awaiting presentation and discussion in the National Parliament, where members of parliament will provide their opinions and suggestions. Following discussions and approval in the parliament, the budget will be implemented and is expected to impact the country’s development initiatives.

The proposed budget is anticipated to play a crucial role in unveiling new horizons for financial management and development in the country.

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