The proposed national budget for the fiscal year 2024-25 is realistic and pro-people, said Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Thursday.
“At the time of the current global crisis, a pro-people budget has been proposed. This budget has been prepared taking into consideration the promises and priority sectors mentioned in the party's election manifesto,” Quader said in an immediate budget reaction at the Jatiya Sangsad Bhaban in Dhaka.
National budget: Where the prices may go up
“Special focus will also be given to controlling commodity prices,” he added.
Replying to a query from journalists about whether any prescription from the International Monetary Fund (IMF) was followed in the preparation of the budget, Quader said the budget was not prepared following anyone's prescription as the Sheikh Hasina-led government does not follow anyone's prescription.
National budget FY2024-25: GDP growth estimated at 6.75 percent
Earlier, Finance Minister Abul Hassan Mahmood Ali placed the Tk 7,97,000 crore national budget in parliament for the fiscal year 2024-25 at 3:04 pm on Thursday.
It is the maiden budget of the incumbent Finance Minister AH Mahmood Ali and the first budget of the Awami League government's sixth term.