Dhaka, June 1 -- Finance Minister AHM Musatafa Kamal has said that containing inflation, improving current account balance and stabilizing foreign exchange rate are the main challenges for the country's economy.

"Overall, our current challenge is to control inflation, improve the current account balance situation and stabilise the foreign exchange rate," he said while unveiling national budget FY 2023-24 at the Jatiya Sangsad on Thursday.

He said, "Strategies to deal with sustainable transition and post-transition realities from LDCs in the days ahead need to be determined now. In particular, tariff rationalisation, domestic resource mobilisation to meet fiscal deficit, withdrawal of subsidy/cash assistance or exploring alternatives etc...