Parliament passes Tk9.38 lakh crore budget for FY27
The budget, effective from 1 July, projects a Tk2.43 lakh crore deficit, with debt servicing and public sector salaries among the largest expenditure items.
Parliament today (30 June) passed the Tk9.38 lakh crore national budget for FY2026-27 by voice vote.
The budget will come into effect on 1 July.
The budget allocates Tk6,05,740 crore for operating expenditure and Tk3,16,075 crore for the Annual Development Programme (ADP) and other development spending.
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Debt servicing will remain one of the largest components of operating expenditure in the new fiscal year.
The government's expenditure will also rise due to the implementation of a new pay structure for public sector employees, which will increase spending on salaries, allowances and pensions.
The budget estimates total receipts, including grants, at Tk7,01,150 crore for FY2026-27.
Of this, Tk6,95,000 crore is expected to come from revenue collection. Around 86.1% of the government's total revenue will be generated through tax collection by the National Board of Revenue (NBR), while 9.4% will come from non-tax sources.
The budget projects an overall deficit of Tk2,43,000 crore, underscoring the government's reliance on achieving its ambitious revenue collection target to finance planned expenditure.
