In the proposed national budget for FY2024-25 the country's gross domestic product (GDP) growth rate at 6.75%.
Finance Minister Abul Hassan Mahmood Ali placed a Tk 7,96,900 crore budget for the fiscal year 2024-25 at the Parliament on Thursday (6 June).
A prolonged economic crisis, driven by both external and internal factors has forced the government into a tight fiscal position.
Bangladesh saw a 5.82% growth in the gross domestic product (GDP) in FY2023-24.
Under such circumstances, the government's prime target is to contain inflation, resolve the dollar crunch and achieve moderate GDP growth.
The country has been grappling with an average inflation of 9.73% in the first 11 months of the current financial, and then there is one of the worst dollar shortages in recent times.
