Necessary funds are allocated for the enlistment of new schools under MPO (Monthly Pay Order) system in the proposed national budget for FY 2019-20.

The budget for fiscal 2019-20 is aiming for a growth rate of 8.2 per cent, banking heavily on the expected growth of the running fiscal.

The budget for fiscal 2019-20 is focusing on grooming business and private sector growth, Finance Minister AHM Mustafa Kamal has said.

Total revenue collection is estimated at Tk 3,77,810 crore in the proposed national budget for fiscal year 2019-20.

The cabinet has approved the proposed national budget for fiscal year 2019-20. It was approved around 2:15pm with Prime Minister Sheikh Hasina chairing the special meeting held at the parliament complex, Parliament Secretariat sources said.

Budget documents will be available on different websites of the government, as Finance Minister AHM Mustafa Kamal is set to announce the proposed national budget for FY20 this afternoon.

The Bangladesh economy is taxing for take-off -- for its long-haul flight to the developed country club, with couple of stopovers in between.