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.
