The Finance Minister in his budget speech readjusted the figure of government expenditure in the revised budget for the outgoing 2023-24 fiscal, bringing it down to Tk 714,418 crore.

In the budget for FY2023-24, the total expenditure of the government was estimated at Tk 761,785 crore.

However, considering overall government expenditure till April, it was proposed to be reduced by Tk 47,367 crore, as stated in the budget document for the 2024-25 fiscal.

Of this, the allocation for annual development programs is proposed to be Tk 2.45 lakh crore, down Tk 18,000 crore from the original allocation.

In the budget for the FY 2023-24,  a deficit of Tk 261,785 crore was projected. In the revised budget, a deficit of Tk 2.36 lakh crore is proposed, which is 4.7 percent of GDP. It is noteworthy that the deficit was projected at 5.2 percent of GDP in the original budget.

The revised budget proposed to finance Tk 1.56 lakh crore of the total deficit from domestic sources and the remaining Tk 79,793 crore from foreign sources.