DHAKA: Finance Minister Abul Maal Abdul Muhith will place the national budget for 2015-16 financial year (FY16) at the National Parliament on Thursday.

Size of this year’s budget will be around three lakh crore, higher than the past year’s budget of 2 lakh 50 thousand and 560 crore.

Muhith is expected to announce the budget at 3:00pm on the day.

However, it will be the country's 44th budget and the 16th of the Awami League government while the 9th for Muhith.

According to the finance minister, a different approach will be taken in this year’s budget to achieve the targeted GDP growth, to be set at 7.2 or 7.3 percent.

This year’s budget will focus on human resource development for driving economy to a higher growth trajectory, the minister believes.

However, the finance minister said that the government will put emphasis on infrastructure, gas, power, education, health and human source development.

Muhith also said that the upcoming budget will also put importance on the implementation of ongoing mega projects like the Padma Bridge, Metrorail and Moghbazar-Mouchak flyover.

The finance minister will also continue focusing on poverty reducing initiatives.

Like the previous year, the budget will be presented on PowerPoint and will be available on the website of the finance department at www.mof.gov.bd.

The budget documents will also be available at www.bangladesh.gov.bd, www.nbr-bd.org, www.plancomm.gov.bd, www.imed.gov.bd, www.bdpressinform.org and www.pmo.gov.bd and at the BSS website www.bssnews.net.

People at home and abroad can send their feedback, opinion or recommendation by filling up a form after downloading it from the website.

Moreover, the finance minister will address a post budget press conference at the Osmani Memorial Hall in city at 4:00pm on June 5.

BDST: 2058 HRS, JUN 03, 2015
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