Bangladesh's new government presented its first national budget on June 11, setting a record spending range between Tk 9.02 trillion (about $74 billion) and Tk 9.38 trillion (around $76.4 billion) for the fiscal year 2026-27 [1, 2]. Finance Minister Amir Khosru Mahmud Chowdhury delivered the budget on behalf of Prime Minister Tarique Rahman’s administration [2].
The budget aims to finance the increased spending through higher tax revenues and foreign borrowing, with a total revenue target of Tk 6.76 trillion ($55.4 billion), including Tk 5.64 trillion ($46.2 billion) via the National Board of Revenue [2]. Chowdhury noted the challenge in meeting these targets, saying the budget "reflects an ambitious effort to stimulate growth and expand welfare support, but revenue targets may be difficult to achieve due to low tax-to-GDP ratio" [2].
The government targets 6.5% economic growth and aims to reduce inflation to 6.5% during the fiscal year [2]. The budget allocates Tk 2.95 trillion ($24.2 billion) for the Annual Development Programme, underscoring infrastructure and social projects [2].
Expanded social safety-net programs and higher public sector salaries feature in the plan, alongside tax reliefs and incentives for investments in energy and solar power sectors, supporting Bangladesh’s transition to sustainable energy [2]. The budget also sets aside Tk 10 billion ($82 million) to boost the creative economy and technology startups [2].
Bangladesh recently passed the $500 billion GDP milestone for the first time, reflecting notable economic growth in recent years [2]. The government projects a fiscal deficit of Tk 2.26 trillion (about $18.5 billion), equivalent to roughly 4.1% of GDP [2].
The fiscal year 2026-27 officially began July 1, marking the start of this budget’s implementation period [1, 2].
