Foreign aid for budget drops by $1billion: Finance Minister
Published : Tuesday, 7 February, 2023 at 6:20 PM Count : 536
The foreign assistance for the national budget has declined to US$2.23 billion in the current fiscal year from US$3.26 billion in the last fiscal year (2021-22), reports UNB.
Finance Minister AHM Mustafa Kamal on Tuesday placed this statistics in Parliament while replying to a scripted question from Awami League lawmaker Morshed Alam (Noakhali-2).
In the written answer, the minister said the government received assistance equivalent to some US$ 3.26 billion from different development partners for the budget in the last fiscal year. But there is a possibility to get the assistance equivalent to US$ 2.23 billion in the current fiscal year.
In response to a question from Mamunur Rashid Kiran (Noakhali-3), Mustafa Kamal said the National Board of Revenue (NBR) has been working to accomplish 100 percent of the revenue collection target.
The NBR expects that the target will be fully achieved by the end of the fiscal year, he said.