The government is preparing the budget in a cautious way, refraining from increasing expenditure by too much of an extent, keeping in mind the ongoing global economic crisis stemming from the pandemic and Russia-Ukraine war, State Minister for Planning Shamsul Alam said.

The finance minister of Bangladesh is scheduled to place the national budget for 2022-23 fiscal year at parliament on June 9.

The current global political, economic and trade situations are not favourable for a developing country like Bangladesh.