BUDGET ANALYSIS FY2024-25: Assessing The Implications for Capital Market

The size of the Bangladesh’s National Budget FY’2024-25 is BDT 7.97trillion which is 12% higher than the previous Budget FY’2023-24. The target of total tax revenue this year is Tk. 5.4 trillion which is 13.2% higher than the revised budget of FY’2023-24 and also ambitious for the sluggish in economic activities and disposable level. About 60% of the budget 2024-25 will be financed by NBR tax revenue, which is challenging due to lack of taxpayers and tax-culture. This year domestic borrowing is proposed at BDT 1.6 trillion which could limit private sector growth. In the proposed budget, ADP counted 2.65 trillion.

Budget-Adda-Blog Cover-01
RCL Budget Analysis FY2023-24

The size of the Bangladesh’s National Budget FY’2023-24 is BDT 7.62trillion which is 12% higher than the previous Budget FY’2022-23. The target of total tax revenue this year is 5 trillion which is 15% higher than the revised budget of FY’2022-23 and also ambitious for the sluggish in economic activities and disposable level.

Bangladesh National Budget Analysis FY2020-21
Bangladesh National Budget Analysis FY2020-21

Assessing the Budget FY2020-21 implications for capital market Macro-economic highlights GDP and inflation paradox –  COVID-19 effects slashed the 2019-20 Real GDP Growth to 5.20% from 8.15% in FY2018-19; –  The target 8.20% Real GDP (RGDP) growth is ambitious as there is uncertainty about the timing and nature of economic recovery; –  Taking COVID into…