Parliament passes Tk 3,40,605 crore national budget for FY 2016-'17 aimed at higher GDP growth, lower inflation and gearing up investment.

Expressing dissatisfaction over government's failure to ensure good governance, Rashed Khan Menon saysthe country's GDP growth rate will rise by 2.5 percent if corruption can be curbed effectively.

The proposed additional customs duty on sugar import will be withdrawn says the Finance Minister AMA Muhith

Finance Minister AMA Muhith says the revenue collection target of the proposed for fiscal 2015-2016 is high, but achievable.

Finance Minister AMA Muhith will place budget for seventh time in a row on Thursday, the size of which is Tk 295,272 crore.

Finance Minister AMA Muhith is expected to place the budget for the 2015-16 fiscal in the second session of the 10th parliament and it will be passed on June 30.