Budget size may decrease by Tk 30,000 crore Fiscal Year 2024-25

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Budget size may decrease by Tk 30,000 crore Fiscal Year 2024-25

The Bangladeshi interim government plans to reduce the current fiscal year’s national budget by BDT 30,000 crore. This adjustment follows a decade and a half of large, loan-dependent budgets, which have often faced implementation challenges. The current fiscal budget stands at BDT 7.97 trillion, with a revenue target of BDT 5.41 trillion and a deficit of BDT 2.52 trillion, primarily funded through domestic and international loans. Development expenditures are projected at BDT 2.81 trillion, including an Annual Development Program (ADP) allocation of BDT 2.65 trillion. The GDP growth target is 6.75%, though the government now anticipates a 5.25% growth due to economic

The Bangladeshi interim government plans to reduce the current fiscal year’s national budget by BDT 30,000 crore. This adjustment follows a decade and a half of large, loan-dependent budgets, which have often faced implementation challenges. The current fiscal budget stands at BDT 7.97 trillion, with a revenue target of BDT 5.41 trillion and a deficit of BDT 2.52 trillion, primarily funded through domestic and international loans. Development expenditures are projected at BDT 2.81 trillion, including an Annual Development Program (ADP) allocation of BDT 2.65 trillion. The GDP growth target is 6.75%, though the government now anticipates a 5.25% growth due to economic

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