The parliament of Bangladesh on Sunday (June 30, 2024) passed the Tk 797,000 crore national budget for FY 2024-25 setting the goal of economic growth at 6.75 percent and keeping annual inflation at around 6 percent.

Finance Minister Abul Hassan Mahmood Ali moved the Appropriations Bill 2024, seeking a budgetary allocation of Tk 12,41,752 crore which was passed by voice votes.

Earlier on Saturday, the parliament passed the Finance Bill 2024 with some minor changes.

Following the proposal mooted in the House by the Finance Ministry for the parliamentary approval of the appropriation of funds for meeting necessary development and non-development expenditures of the government, the ministers concerned placed justifications for the expenditure by their respective ministries through 59 demands for grants.

Read more: Proposed budget has high hopes, and low direction to achieve goals: RAPID

Earlier, the parliament rejected, by voice votes, a total of only 251 cut-motions that stood in the name of opposition members on 59 demands for grants for different ministries.

A total of seven MPs, including from Jatiya Party Mujibul Huq, Hafiz Uddin Ahmed, and Independent MP Pankaj Nath, Md Hamidul Haque Khandker, Md. Abul Kalam, Md Suhrab Uddin and Md. Nasser Shahrear Zahedee placed the cut motions.

They were, however, allowed to participate in the discussion on Law Ministry, Secondary and Higher Studies Division and Social Welfare Ministry.

Later, Speaker Shirin Sharmin Chaudhury quickened the process of passing the demands for grants for different ministries without giving a lunch break.

Opposition and independent MPs were present in the House when the Appropriation Bill was passed, and they did not raise objection to passing the bill.

Read more: Finance Bill 2024, entailing budget for next fiscal, passed in Jatiya Sangshad