Bangladesh Budget 2024-25: A Summary

 Bangladesh Budget 2024-25: A Summary

Bangladesh's budget for the 2024-25 fiscal year prioritizes economic stability and growth amidst global challenges. Here's a quick breakdown of the key points:

• Total Budget: BDT 7,970 billion (US$94.7 billion)

• Increase: 4.6% from the previous year

• Focus Areas:

• Infrastructure development

• Social welfare programs

• Tax relief for individuals and businesses

Key allocations:

• Power and energy: BDT 303.17 billion (3.8% of total budget)

• Development projects: 33.2% of total public expenditure

Measures to address inflation:

• Increased allocation for social safety nets

• Tax breaks for essential goods

Overall, the budget aims to strike a balance between fiscal prudence and stimulating economic activity.

This summary provides a starting point to explore the Bangladesh Budget 2024-25 in more detail. You can find the official budget documents and analysis from various sources on the online & Ministry of Finance website also.