[🇧🇩] Budget For 2026-2027

[🇧🇩] Budget For 2026-2027
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G Bangladesh Defense

Budget to be placed considering every citizen of Bangladesh: Khasru

BSS
Dhaka
Published: 03 Jun 2026, 16: 02

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Finance and Planning Minister Amir Khasru Mahmud Chowdhury. BSS

Finance and Planning Minister Amir Khasru Mahmud Chowdhury today, Wednesday said that the incumbent government would place the national budget for FY27 in Jatiya Sangsad on 11 June considering each and every citizen of Bangladesh.

“Insha Allah, this budget will be good to be placed on 11 June. This budget is being prepared and will be placed considering every citizen of Bangladesh…we’re passing through a bad time, inherited a fragile economy, despite this, we’re trying our best. This budget will be given keeping in mind the every citizen of the country,” he said.

The Finance Minister was talking to reporters at the Bangladesh Secretariat today, Wednesday.

He noted that the country’s economic condition is very fragile coupled with huge inherited debt burden, rising poverty rate, declining investment.

“Despite this, we’ve assumed responsibility and we’re trying to deliver a budget considering each and every citizen of the country,”

Khasru said they are trying to ensure the participation of all citizens in the economy so that the desired benefits reach to all concerned.

“Hopefully, this will be a good beginning from inheriting a fragile economy…although it will take some time, but the beginning will be good as we will be gradually moving towards betterment,” he said.

The finance minister asserted that the country’s economy will be investment-based coming out of the previous trend of printing money, taking hefty loans from banks and thus leaving the country into a negative condition.

He said that the government has been working on restoring a sound public financial management to prevent the country from falling into debt trap in the coming days as a huge amount is now being spent to repay the interests of loans in the national budget.

“We’re trying our best to reduce our dependency on loans and thus enhance our reliance on investment. We’ll have to reduce gradually our operating cost and thus raise investments,” he said.

Khasru said that the current government after assuming responsibility has been working tirelessly to correct the distortions that prevailed in the economy and thus restoring proper macroeconomic stability in order to ensure discipline in the financial sector.

“These efforts in true sense will protect the interests of the people of Bangladesh and thus we’ll be able to materialise our dream of becoming a trillion dollar economy,” he added.​
 

Government to allocate 2pc of GDP for 2026-27 education budget, says education minister

bdnews24.com

Published :
Jun 04, 2026 22:04
Updated :
Jun 04, 2026 22:04

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Education spending in the 2026-27 fiscal year will be set at 2 percent of gross domestic product (GDP), Education Minister ANM Ehsanul Hoque Milon has said.

Speaking to reporters at the Secretariat on Thursday after a meeting with Prime Minister Tarique Rahman, the minister said the allocation had been finalised for the budget.

The meeting was held as the minister invited the premier to the final match and closing ceremony of the Primary School Gold Cup Football Tournament, scheduled to be held at the Army Stadium on Jun 20.

The minister said the education sector had initially sought 3.5 percent of GDP in allocations for the next fiscal year.

“Instead, we have received up to 2 percent this year,” he said.

He added that the prime minister had given an assurance that education funding would be gradually increased to 5 percent of GDP in the future.

The allocation will cover expenditure from primary to higher education, the minister said.

Referring to previous budget structures, the minister said education and technology were presented together in last year’s budget.

“There was no Shubhonkor’s trap (Shubhonkorer Fanki, a popular Bengali idiom used to describe a deceitful trick or deception hidden within complex mathematical calculations) this time.

“Last year ICT, the Rooppur Nuclear Power Plant and other elements were included together in the education and technology allocation,” he said.

International benchmarks suggest education spending of 6 percent of GDP or 20 percent of the national budget is considered ideal.

However, Bangladesh’s allocation remains below this level.

In the 2025-26 fiscal year, education received 1.53 percent of GDP.

It was 1.69 percent in 2024-25 and 1.76 percent in 2023-24.

The minister also addressed the longstanding financial grievances of retired non-government teachers under the Monthly Pay Order (MPO) system.

He reminded reporters that former prime minister Khaleda Zia had introduced the retirement benefit and welfare trust allowances for the teachers back in 1991.

However, disbursements of these funds have remained suspended for retired teachers since 2022.

He alleged that thousands of millions of taka had been embezzled from the MPO-based retirement benefit board and welfare trust in previous years.

He expressed hope that pension and welfare payments for retired teachers would partially resume within the next month.

The education ministry has received a Tk 20 billion bond allocation to support payments for teachers’ retirement and welfare benefits, he added.​
 

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