Bangladesh Budget 2024-25
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Questions and Answers

What is the total revenue and foreign grants for the budget 2024-25?

  • Taka 5,41,000 crore
  • Taka 5,45,400 crore (correct)
  • Taka 4,78,000 crore
  • Taka 5,03,900 crore

What is the total expenditure for the budget 2024-25?

  • Taka 7,97,000 crore (correct)
  • Taka 7,14,418 crore
  • Taka 7,61,785 crore
  • Taka 5,73,857 crore

What is the interest payment for the budget 2024-25?

  • Taka 1,05,300 crore
  • Taka 93,531 crore
  • Taka 82,670 crore
  • Taka 1,12,655 crore (correct)

What is the capital expenditure for the budget 2024-25?

<p>Taka 37,989 crore (A)</p> Signup and view all the answers

What is the foreign borrowing (net) for the budget 2024-25?

<p>Taka 90,700 crore (C)</p> Signup and view all the answers

What is the overall deficit (including grants) for the budget 2024-25?

<p>Taka -2,51,600 crore (B)</p> Signup and view all the answers

What is the domestic borrowing (net) for the budget 2024-25?

<p>Taka 1,60,900 crore (D)</p> Signup and view all the answers

What is the GDP for the budget 2024-25?

<p>Taka 55,97,414 crore (A)</p> Signup and view all the answers

What is the tax revenue for the budget 2024-25?

<p>Taka 4,95,000 crore (D)</p> Signup and view all the answers

What is the non-tax revenue for the budget 2024-25?

<p>Taka 46,000 crore (B)</p> Signup and view all the answers

What is the category under which grants are grouped together?

<p>Government revenues (B)</p> Signup and view all the answers

What type of expenditure is included in Operating Capital Expenditure?

<p>Expenditure for acquisition of assets, acquisition of land, etc. (C)</p> Signup and view all the answers

What is shown as Loans and Advances (Net)?

<p>Loans and Advances to state-owned enterprises/autonomous bodies minus repayment (A)</p> Signup and view all the answers

What is one of the three kinds of Non-ADP Projects?

<p>All of the above (D)</p> Signup and view all the answers

What is included in the total size of the Annual Development Program?

<p>Self Financed and Export Credit Agency (E.C.A) supported financing, and other projects (A)</p> Signup and view all the answers

What is shown under the category of Transfer of sale proceeds from food grains?

<p>Transfer of sale proceeds from food grains received under the agreement with development partners (B)</p> Signup and view all the answers

What is included in the Net increase/decrease in Public Accounts?

<p>Excluding National Savings Schemes (D)</p> Signup and view all the answers

What is the source of the GDP number for the Revised FY 2023-24?

<p>Bangladesh Bureau of Statistics (C)</p> Signup and view all the answers

What is the source of the GDP number for the FY 2024-25?

<p>Finance Division (C)</p> Signup and view all the answers

What is the total size of the Annual Development Program?

<p>Tk. 2,78,289 crore (A)</p> Signup and view all the answers

Flashcards

Total Revenue

The total amount of money collected by the government through taxes and other sources, such as foreign grants.

Total Expenditure

The overall spending planned by the government for the financial year.

Interest Payment

The amount of money the government needs to pay to lenders for previous borrowings.

Capital Expenditure

The amount of money allocated for building and improving infrastructure, such as roads, hospitals, and schools.

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Foreign Borrowing (Net)

The amount of money borrowed from foreign lenders, minus any repayments.

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Overall Deficit

The difference between total revenue and total expenditure, including grants.

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Domestic Borrowing (Net)

The amount of money borrowed from domestic lenders, minus any repayments.

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GDP (Gross Domestic Product)

The total value of all goods and services produced within a country in a given year.

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Tax Revenue

The amount of money collected by the government through taxes on income, goods and services.

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Non-Tax Revenue

The amount of money collected by the government from sources other than taxes, such as fees and charges.

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Foreign Grants

A category within government revenues that includes money received from foreign governments or international organizations.

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Operating Capital Expenditure

A category of government spending that includes the acquisition of new assets, such as land and infrastructure.

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Loans and Advances (Net)

The difference between the amount of money lent by the government to state-owned enterprises and autonomous bodies and the amount repaid.

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Non-ADP Projects

A type of government project that is not included in the Annual Development Program (ADP). These projects are financed from sources other than the ADP.

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Annual Development Program (ADP)

The total amount of money allocated for development projects, including both government-funded and foreign-supported projects.

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Transfer of Sale Proceeds from Food Grains

The transfer of money received from the sale of food grains, which was obtained through agreements with development partners.

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Net Increase/Decrease in Public Accounts

The increase or decrease in the government's financial assets, excluding national savings schemes.

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Source of GDP Number (Current Year)

The official source of the GDP number for the current fiscal year.

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Source of GDP Number (Previous Year)

The official source of the GDP number for the previous fiscal year.

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Study Notes

Budget Overview

  • The budget for 2024-25 is Tk 5,41,000 crore, with a revised budget of Tk 4,78,000 crore for 2023-24 and an actual budget of Tk 3,66,658 crore for 2022-23.

Revenue Breakdown

  • Total revenue for 2024-25 is Tk 5,45,400 crore, comprising Tk 4,95,000 crore in tax revenue and Tk 46,000 crore in non-tax revenue.
  • Tax revenue includes Tk 4,80,000 crore from NBR taxes and Tk 15,000 crore from non-NBR taxes.
  • Foreign grants amount to Tk 4,400 crore.

Expenditure Breakdown

  • Total expenditure for 2024-25 is Tk 7,97,000 crore, with Tk 5,06,971 crore in operating expenditure and Tk 2,81,453 crore in development expenditure.
  • Operating expenditure includes Tk 4,68,983 crore in recurrent expenditure and Tk 37,989 crore in capital expenditure.
  • Recurrent expenditure includes Tk 1,12,655 crore in interest payments, with Tk 93,000 crore in domestic interest and Tk 20,500 crore in foreign interest.

Deficit and Financing

  • The overall deficit, including grants, is Tk 2,51,600 crore, or 4.5% of GDP.
  • The overall deficit, excluding grants, is Tk 2,56,000 crore, or 4.6% of GDP.
  • Financing for the deficit includes Tk 90,700 crore in foreign borrowing, Tk 1,60,900 crore in domestic borrowing, and Tk 1,37,500 crore in borrowing from the banking system.

GDP

  • The GDP for 2024-25 is estimated to be Tk 55,97,414 crore, with a revised GDP of Tk 50,48,027 crore for 2023-24 and an actual GDP of Tk 44,39,273 crore for 2022-23.

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Quiz on Bangladesh's budget for the fiscal year 2024-25, including revised and actual numbers.

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