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The first budget session of the 12th Parliament will begin at 5:00 pm on Wednesday.
Finance Minister Abul Hassan Mahmood Ali is expected to place the national budget for fiscal year 2024-25 (FY25) in the parliament on Thursday, according to BSS.
The size of the proposed budget is expected to be around Taka 8 trillion, said a finance ministry official, adding that controlling the rising inflation is likely to get the top priority in the budget.
The budget for FY25 will be the country’s 53rd budget and the 25th of the Awami League government in its six tenures after independence.
Earlier on May 20, President Mohammed Shahabuddin convened the session exercising the power bestowed upon him as per the Article 72 (1) of the Constitution.
This will be the third session of the present stint of the Awami League-led government came to power through the general election on January 7 this year.