BM Desk: The projected budget for fiscal year 2025–2026 will be unveiled by the temporary administration following the public revolt tomorrow, Monday, June 2.
The Finance Department’s website will have all of the information regarding this budget. Bangladesh Betar and Bangladesh Television will broadcast the budget speech that was filmed at 4 p.m. Since there is no parliament, it has been requested that Bangladesh Television’s taped national budget address be simultaneously shown on all other private television networks and radio stations.
The new year’s budget will be announced by Finance Advisor Dr. Salehuddin Ahmed. Later, it will be passed in the meeting of the Advisory Council. If this proposed budget is passed, it will be the 54th budget of the country, and the first budget of the interim government and the Finance Advisor.
On Sunday (June 1), the Information Department of the Bangladesh Secretariat said in a notification that information about this will be available on the Finance Department’s website (https://mof.gov.bd/) immediately after the budget speech for the fiscal year 2025-26 ends. In addition, media personnel who have been granted permission to enter the secretariat from the Information Department in Dhaka will be able to collect budget documents and copies of the budget speech. The day after the budget presentation, i.e. next Tuesday (June 3) at 3 pm, the post-budget press conference for the 2025-26 fiscal year will be held at the Osmani Memorial Auditorium in the capital
The budget for the new year will be revealed by Finance Advisor Dr. Salehuddin Ahmed. Subsequently, it will be approved during the Advisory Council meeting. If this proposed budget receives approval, it will mark the 54th budget for the country and the first budget under the interim government and the Finance Advisor.
On Sunday (June 1), the Information Department of the Bangladesh Secretariat announced in a notification that details regarding this will be accessible on the Finance Department’s website (https://mof.gov.bd/) immediately following the conclusion of the budget speech for the fiscal year 2025-26. Furthermore, media representatives who have been authorized by the Information Department to enter the secretariat in Dhaka will have the opportunity to obtain budget documents and copies of the budget speech. The day after the budget presentation, which is next Tuesday (June 3) at 3 pm, a post-budget press conference for the fiscal year 2025-26 will take place at the Osmani Memorial Auditorium in the capital.
According to information from the Finance Ministry, a budget of Tk 790,000 crore is expected to be proposed for the fiscal year 2025-26. The tax target is likely to be established at Tk 564,000 crore. The anticipated budget deficit may reach Tk 226,000 crore. This year’s budget will prioritize the issue of controlling inflation. There is a possibility of aiming to reduce inflation to 6.5 percent in the forthcoming budget. Furthermore, significant alterations in tax policy may be introduced to enhance capacity following LDC graduation. A decision might also be made to refrain from extending the tax exemption period for the industrial sector beyond June 30.
The development expenditure for the upcoming fiscal year is projected to be set at Tk 245,000 crore. GDP growth is estimated to be around 5.5 percent. Additionally, the annual development program’s size has already been declared at Tk 2.3 trillion.
