Govt signals people-centric priorities but faces tough trade-offs
The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.
Low GDP growth demands political stability so as to boost investor confidence
The FY2026 budget must be more than a mere fiscal statement.
Controlling inflation should be a top priority for the interim government.
Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
The interim government is planning to revise the national budget for the current fiscal year urgently and cut “wasteful expenditures” in order to alleviate the pressure on the foreign currency reserves and tame persistent inflation.
It fails to commit to reforms and address people’s sufferings
Budget admits we are in a crisis, but offers no direction out of it
Govt signals people-centric priorities but faces tough trade-offs
The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.
Low GDP growth demands political stability so as to boost investor confidence
The FY2026 budget must be more than a mere fiscal statement.
Controlling inflation should be a top priority for the interim government.
Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
The interim government is planning to revise the national budget for the current fiscal year urgently and cut “wasteful expenditures” in order to alleviate the pressure on the foreign currency reserves and tame persistent inflation.
It fails to commit to reforms and address people’s sufferings
Budget admits we are in a crisis, but offers no direction out of it
Any effort at halting inequality and reversing the trend has to start from a political commitment, an understanding of the factors at work, and adoption of necessary measures to attain the goals.
