The Jatiya Sangsad today passed the Tk 250,506 crore national budget for the 2014-15 fiscal year keeping the scope for whitening black money.
The budget is the first fiscal plan of the Awami League- led grand alliance government that assumed in power through January 5 one-sided elections, reports the Daily Star.
The budget was proposed at the parliament by Finance Minister AMA Muhith on June 5.
The bill was passed by voice vote today.
Yesterday, the JS passed the Finance Bill-2014 with some changes on the tax-duty proposals.
With the adoption of the Finance Bill-2014 and Appropriation Bill-2014, the process of passing the national budget has been completed.
In the budget for the FY 2014-15, the growth target has been set at 7.3 percent, which experts believe as attainable through effective measures in implementing the Annual Development Project. The new budget has also a target to bring down the inflation to below 7 percent.