Internet Edition. June 10, 2008, Updated: Bangladesh Time 12:00 AM 
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Taka 99,962 crore national budget: Overall deficit Tk 24,234 crore, poverty reduction, price stabilisation, social safety net expansion, key goals

Staff Reporter

A Taka 99,962 crore national budget, with an overall deficit of Taka 24,234 crore, for fiscal 2008-09 was announced by Finance Adviser Mirza Azizul Islam through radio and television yesterday.
The 54-page budget speech is reflective of the tight rope he had to walk on while preparing the annual national statement of income and expenditure. Unprecedented price hike both in international and domestic markets created problems that were exacerbated by repeated natural disasters during the current fiscal (2007-08).
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Stage set for Hasina’s release, Tarique’s bail petition rejected
Staff Reporter

Former Prime Minister Sheikh Hasina will be released on Government order at any moment for medical treatment, abroad as three separate Courts yesterday exempted her from personally appearing in hearings in four graft cases against her.
Earlier, a High Court Division Bench stalled the proceedings of the 'extortion' case filed by Azam J Chowdhury against Sheikh Hasina, while police yesterday returned three of her passports to her lawyer and relatives on an order of the Chief Metropolitan Magistrate.
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Chamber bodies hail budget
Staff Reporter

Leaders of different chambers bodies' yesterday expressed their positive reactions on the budget declared by Finance Adviser Dr AB Mirza Azizul Islam for the fiscal 2008-09.
In their instant reactions they termed the newly declared national budget 'positive' and comparatively better than that of the previous ones.
They said the proposed budget would encourage investment, strengthen social safety net, alleviate poverty and eliminate both income and regional disparities.
They said that the new fiscal budget has some guidelines that would attract more local and foreign investment in the country.
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