Loading...

Parliament passes supplementary budget for FY18

| Updated: June 11, 2018 22:10:03


Parliament passes supplementary budget

The parliament has passed the supplementary budget of Tk 153.398 billion for the fiscal 2017-18 to meet the increased expenditures under different ministries and divisions.

Finance Minister AMA Muhith placed the supplementary budget in the House on June 7 along with the national budget.

Different ministries, divisions and institutions sought the additional amount under 22 demands for grant.  

As many as 173 cut-motions were moved by seven members, reports UNB.

Discussions were held on four cut-motions, including Public Administration Ministry, LGRD and Cooperatives Ministry, Power Ministry and Health Ministry.

These cut motions were brought by Jatiya Party MPs Fakhrul Imam (Mymensingh-8), Nurul Islam Omar (Bogra-6), Kazi Firoz Rashid (Dhaka-6), Nurul Islam Milon (Comilla-8), Rowshan Ara Mannan (Women Seat-47), Salim Uddin (Sylhet-5), Mohammad Abdul Munim Chowdhury (Habiganj-1) and Independent MP Rustam Ali Farazi (Pirojpur-3).

However, the cut-motions were rejected by voice vote.

According to the budget document, a sum of Tk 4.002 trillion was allocated in favour of 62 ministries and divisions for the 2017-18 fiscal.

But in the supplementary budget allocation for 24 ministries and divisions have been increased to Tk 153.398 billion while Tk 460.556 billion reduced for 35 ministries and divisions.

As a result, the budget allocation for these ministries and divisions was reduced to Tk 287.71 billion and the total allocation now stands at Tk 3.714 trillion.

Share if you like

Filter By Topic