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National budget of a country is the anual proggram of the government’s expenditure and income for a fiscal year. In a developing economy like Bangladesh , the annual notonal budget reflect the government’s development philosophy6, priorities and approaches towards equity and social justies . The role of the public sector to provide infrastructure and basic public goods is to create an enabling enviorment for the privet sector to act as the engine of economic growth through the national nudget. As the national budget formulated annually may underline the economic stability and growth procspect in the medium term, it seems to be myopic. Medium term budgetary framework is and effective measure for redressing the problems emanating from the short time limit of the annual budget.
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