Bangladesh National Budget

The Bangladesh National Budget is the annual financial plan of the Government of Bangladesh, outlining projected income and expenditures for the upcoming fiscal year.
It is presented by the Minister of Finance on behalf of the Government of Bangladesh in the Jatiya Sangsad (National Parliament).

Revenue: Includes taxes, duties, and non-tax revenues collected by the government.
- Tax revenue: Income tax, Value Added Tax (VAT), Customs duty, and other taxes.
- Non-tax revenue: Interest, dividends, and fees collected by the government.
Expenditure: Allocation of funds for various sectors and programs.
- Development expenditure: Allocation for development projects and programs.
- Non-development expenditure: Allocation for salaries, subsidies, and other expenses.

Preparation: The Ministry of Finance prepares the budget in consultation with other ministries and stakeholders.
Presentation: The Minister of Finance presents the budget in the Jatiya Sangsad.
Approval: The budget is approved by the Parliament after discussion and debate.
Implementation: The approved budget is implemented by the government through various ministries and agencies.

Budget Speech: The Minister of Finance's speech outlining the budget's key features and objectives.
Budget Report: A detailed document explaining the budget's key allocations and priorities.
Annual Development Programme (ADP): A document outlining the development projects and programs funded by the budget.

Priority Sectors: Allocation of funds to key sectors such as:
- Education
- Healthcare
- Infrastructure development
- Agriculture
Social Welfare: Allocation of funds for social welfare programs, including:
- Poverty reduction
- Women's empowerment
- Disaster management

Revenue Mobilization: Increasing revenue collection to reduce dependence on foreign aid.
Inclusive Growth: Ensuring budget allocations promote inclusive growth and reduce income inequality.
Transparency and Accountability: Improving transparency and accountability in budget preparation and implementation.

The Bangladesh National Budget is the annual financial plan of the Government of Bangladesh, outlining projected income and expenditures for the upcoming fiscal year.
It is presented by the Minister of Finance on behalf of the Government of Bangladesh in the Jatiya Sangsad (National Parliament).

Revenue includes:
- Tax revenue: Income tax, Value Added Tax (VAT), Customs duty, and other taxes
- Non-tax revenue: Interest, dividends, and fees collected by the government
Expenditure is divided into:
- Development expenditure: Allocation for development projects and programs
- Non-development expenditure: Allocation for salaries, subsidies, and other expenses

Preparation: The Ministry of Finance prepares the budget in consultation with other ministries and stakeholders
Presentation: The Minister of Finance presents the budget in the Jatiya Sangsad
Approval: The budget is approved by the Parliament after discussion and debate
Implementation: The approved budget is implemented by the government through various ministries and agencies

Budget Speech: The Minister of Finance's speech outlining the budget's key features and objectives
Budget Report: A detailed document explaining the budget's key allocations and priorities
Annual Development Programme (ADP): A document outlining the development projects and programs funded by the budget

Priority sectors include:
- Education
- Healthcare
- Infrastructure development
- Agriculture
Social welfare programs include:
- Poverty reduction
- Women's empowerment
- Disaster management

Revenue Mobilization: Increasing revenue collection to reduce dependence on foreign aid
Inclusive Growth: Ensuring budget allocations promote inclusive growth and reduce income inequality
Transparency and Accountability: Improving transparency and accountability in budget preparation and implementation

The national budget of Bangladesh allocates around 15% to education, 5% to healthcare, 20% to infrastructure development, 10% to agriculture, and 5% to social welfare.
The remaining budget is allocated to other sectors, including defense, public administration, and miscellaneous expenses.

The government generates revenue through income tax, value-added tax (VAT), customs duty, and excise duty.
Tax policies aim to promote economic growth, reduce inequality, and increase revenue collection.
The government has introduced measures to simplify tax procedures and reduce tax evasion.

The Bangladesh economy has experienced rapid growth, with a GDP growth rate of 8.2% in 2020-21 and 7.5% in 2019-20.
The government aims to achieve an average GDP growth rate of 8% per annum in the medium term.
Key drivers of growth include remittances from overseas workers, export-oriented manufacturing industries, and infrastructure development.

The government allocates a significant portion of the budget to social sector expenditure, focusing on education, healthcare, and social welfare.
Education expenditure focuses on improving access to quality education, especially for disadvantaged groups.
Healthcare expenditure focuses on improving healthcare infrastructure and increasing access to healthcare services.
Social welfare expenditure focuses on providing support to vulnerable groups, including the poor, elderly, and people with disabilities.

The government has prioritized infrastructure development to support economic growth and improve living standards.
Key areas of focus include road and highway development, railway infrastructure development, port and maritime infrastructure development, and energy infrastructure development.
Infrastructure development aims to improve connectivity, reduce transportation costs, and increase economic competitiveness.