Muhith placing budget for FY17 | 2016-06-02 | daily-sun.com

Muhith placing budget for FY17

Sun Online Desk     2nd June, 2016 04:19:49 printer

Muhith placing budget for FY17

Finance Minister AMA Muhith started placing the national budget for the next fiscal year (FY17) in parliament on Thursday afternoon.

 

His Tk 340,605 crore (3.4 trillion) budget aims to create more jobs, woo investment and speed up the implementation of a clutch of 'transformational' mega projects.

 

Muhith is creating a rare instance through presenting the national budget for the 8th consecutive time. Like the previous years, Muhith started placing it through power-point presentation at 3:30 pm.

 

The budget eyes a GDP growth target of 7.2 percent, up from the outgoing fiscal year's target of 7 percent. However, as per the provisional estimation of the BBS, the GDP growth is poised to reach 7.05 percent in the outgoing fiscal.


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