The government has set a target to bring down inflation to 7.5 percent in the 2026-27 fiscal year. Ensuring price stability has been placed at the core of the proposed budget strategy.
In the budget to be placed in Jatiya Sangsad on Thursday by Finance and Planning Minister Amir Khasru Mahmud Chowdhury, the government has also set a target to raise economic growth to 6.5 percent alongside inflation control.
The budget proposal states that restoring purchasing power and ensuring relief for ordinary people through sustainable economic discipline remains one of the government’s key priorities.
It further says that the government has adopted a coordinated macroeconomic strategy considering the fragile state of the domestic economy, global economic uncertainty and ongoing geopolitical tensions.
Relevant officials said that special emphasis has been given in the budget formulation to stability, investment, production, employment and, above all, a fair economic system.
The budget speech expressed optimism that through these measures and ongoing economic reforms, Bangladesh will move further towards becoming a one-trillion-dollar economy by 2034.
It also stated that through the democratization of the economy, Bangladesh will be able to utilize both the demographic dividend and longevity dividend. At the same time, the government expects to achieve the benefits of the democratic dividend.
Bd-Pratidin English/ AM
