Cabinet approves proposed national budget for 2019-20FY

The Cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2019-2020, reports UNB.

Prime minister Sheikh Hasina presided over the meeting held at the cabinet room of the Jatiya Sangsad Bhaban.

Finance minister AHM Mustafa Kamal and other cabinet ministers and state ministers concerned attended the meeting.

The finance minister is unveiling the proposed national budget for the 2019-2020FY in the afternoon, aiming to bring a number of reforms in the economy.

AHM Mustafa Kamal began unfolding his first budget at the Jatiya Sangsad at 3:00pm.

The budget will be the first one of the incumbent Awami League government formed through the 30 December general election held in 2018.

It would be country's 48th national and Awami League government's 20th budget since the country's independence in 1971.