Amidst concerns over high inflation, the forthcoming budget of the government is expected to expand the number of beneficiaries and the scope of social security programs in Bangladesh. The State Minister for Finance emphasized that education, health, and rural infrastructure sectors will receive maximum allocations in this year’s budget, aligning with a set of economic reforms aimed at addressing challenges such as commodity price control, employment growth, and export product diversification.
The budget, scheduled to be presented in parliament on June 6, is anticipated to exceed Tk 7.9 trillion for the financial year 2024-2025. This budget will mark the first under the current finance minister. In this year’s budget, social safety net programmes have an allocation of Tk 1.26 trillion, which is 16.58 percent of the budget and 2.52 percent of the GDP.