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Breakdown of Tk7.97 lakh crore budget expenditure

Illustration: Mamunur Rashid

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For every Tk100 the government spends, Tk14.24 will go towards paying interest.

Special Correspondent

Publisted at 8:06 PM, Thu Jun 6th, 2024

A significant Tk1,13,500 crore out of the proposed Tk7,97,000 crore budget for the next fiscal year will be spent for interest payments on previously taken loans.

This allocation means that for every Tk100 the government spends, Tk14.24 will go towards paying interest.

An analysis of the total budget allocation reveals how each Tk100 of public spending—managed by taxpayers' money or borrowing—will be distributed across various sectors, with future payments to be borne by taxpayers.

According to the budget proposal, the second-highest allocation will go towards education, with Tk14 out of every Tk100 spent. Subsidies and incentives will receive Tk11.1.

For every Tk100 spent, about Tk10.2 will be allocated to transport and communication, Tk7.30 to public administration, and Tk6 to local government and rural development.

Healthcare will receive Tk5.2 out of every Tk100, while defense and miscellaneous expenditures will each receive Tk4.3. Social security and welfare will get Tk4.8, pensions Tk4.6, and public order and security Tk4.

The power and energy sector will be allocated Tk3.8 for every Tk100 spent, the same amount designated for agriculture. Housing will receive Tk0.90, and recreation, culture, and religious activities will get Tk0.80.

The lowest allocation will go towards industrialisation and economic services, with Tk0.70 out of every Tk100 spent.

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