Finance Minister Abul Hassan Mahmood Ali on Thursday proposed an allocation of Tk 41,407 crore for Health and Family Welfare sector in the next fiscal year 2024-2025.

The allocation in the sector was Tk 38,051 crore in the fiscal year 2023-2024.

The finance minister came up with the proposal while unveiling the National Budget for FY2024-25 at the Jatiya Sangsad on Thursday.

The finance minister said, "For advancement of the medical sector, the Father of the Nation established the Bangladesh Medical Research Council (BMRC) in 1972 and also specified its functions."

He said noteworthy functions include development and organization of scientific research in various disciplines of health sciences, development and streamlining of scientific research in various disciplines of health, reproductive health and nutrition to identify issues and problems related to medical and health care needs and to take measures aimed at proper application and utilization of medical research results.