Bangladesh: Finance minister presents 2024/25 budget before the parliament

06 June, 2024

Bangladesh Finance Minister, Abul Hassan Mahmood Ali, proposed the BDT 7,97,000 crore (approximately $7.97 billion) national budget for the fiscal year 2024-25 before the parliament today, 6 June, 2024.

This is the country’s largest-ever budget for Bangladesh since FY1972-73.

Bangladesh’s budget is known to grow by 10% – 12% compared to the current year’s budget. However, the 54th budget is increasing by less than 8%.

Earlier today, the Cabinet of Bangladesh approved the national budget for FY 2024/25.

The 2024/25 budget will take effect starting 1 July, 2024.

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