Bangladesh
5 years ago

Parliament passes supplementary budget for FY19

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The parliament has passed the supplementary budget of over Taka 151.66 billion for the outgoing 2018-19 fiscal to meet the increased expenditures under different ministries and divisions.

Finance Minister AHM Mustafa Kamal placed the supplementary budget in the House on June 13 along with the national budget for fiscal 2019-20, reports BSS.

Prime Minister Sheikh Hasina on behalf of the finance minister moved the Appropriation (Supplementary) Bill, 2019 in the parliament in Dhaka on Monday.

The lawmakers approved the bill by voice votes allowing the government to spend over Taka 151.66 billion from the consolidated fund to meet the expenditures of the current fiscal ending on June 30, 2019.

Different ministries, divisions and institutions sought the additional amount under 35 demands for the grant.

Jatiya Party lawmakers Kazi Feroz Rashid, Fakhrul Imam, Rawshan Ara Mannan, BNP lawmaker Harunur Rashid, Gono Forum lawmaker Mokabber Khan raised most of the cut motions which were rejected by voice votes.

But before that opposition lawmakers took part in short discussion on their cut motions while ministers concerned defended their demand for grants before the passage of the supplementary budget of the current fiscal 2018-19.

Later, the House unanimously passed the Appropriation (Supplementary) Bill 2019 through voice votes.

The total allocation in the current national budget was Taka 4.64 trillion. Later, the allocation in the revised budget stands at Taka 4.42 trillion.

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