Tk 75,000cr revenue shortfall to widen current budget deficit: CPD

 The Centre for Policy Dialogue (CPD) on Saturday said revenue shortfall would be approximately Tk 75,000 crore in the current fiscal year (2022-23), causing the budget deficit to widen. "The government borrowed Tk 54,501 crore from the Bangladesh Bank until February and media report the borrowing from the central bank rose

Govt aims to reduce budget deficit to 5pc by FY25

The government is projecting to rein in the budget deficit back within 5 percent of GDP by the 2024-25 fiscal from the current 5.5 percent.The budget deficit for the 2023-24 fiscal has been projected at 5.1 percent, according to an official budget document.The revised deficit in fiscal 2021-22 was 5.1