Dhaka: The Cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2019-2020.

Prime Minister Sheikh Hasina presided over the meeting held at the cabinet room of the Jatiya Sangsad Bhaban, the UNB reported.

Finance Minister AHM Mustafa Kamal and other cabinet ministers and state ministers concerned attended the meeting.

The Finance Minister is set to unveil the proposed national budget for the 2019-2020 FY this afternoon, aiming to bring a number of reforms in the economy.

AHM Mustafa Kamal is scheduled to start unfolding his first budget at the Jatiya Sangsad at 3:00 pm.

The budget will be the first one of the present Awami League government formed through the December-30 general election held in 2018.

It would be country’s 48th national and Awami League Government’s 20th budget since the country’s independence in 1971.