Executive finding
Monthly snapshot: NBR revenue, ADP spending, bank borrowing, inflation, and exchange rate against budget assumptions.
FY2025-26 is Bangladesh's first contractionary national budget in recent memory: at Tk 7,90,000 crore it is roughly Tk 7,000 crore (about 1 percent) smaller than the original FY2024-25 budget, and the development programme was cut 13.2 percent. The pulse to watch is not the headline total but whether the Tk 5,64,000 crore revenue target holds, because a shortfall there forces either deeper development cuts or more borrowing, not a smaller deficit.
BDPolicyLab · Last updated 2026-07-05
The 2026-27 national budget totals BDT 9.4 lakh crore, against a revenue plan of BDT 7.0 lakh crore.
Total spending is 18.7 percent higher than the prior year. The signal to read is execution, not size: a tighter budget only stabilises the economy if revenue lands as planned and the development programme is actually spent.
Where the Money Goes
- Finance: BDT 9.1 lakh crore (59.9% of total)
- Education: BDT 1.2 lakh crore (8.1% of total)
- Agriculture: BDT 64,023 crore (4.2% of total)
What Moved
The largest year-over-year allocation shifts show where priorities tightened or held:
- Unclassified grew by 11.4% year-over-year
Sources
Ministry of Finance, Budget in Brief FY2025-26 (presented 2 June 2025). CPD, An Analysis of the National Budget for FY2026 (August 2025). IMF, Bangladesh FY26 outlook (2025). Analysis by BDPolicyLab.
Generated on 2026-07-05.
Cite / Reproduce
BDPolicyLab Research. (2026). Budget Pulse - July 2026. Bangladesh Policy Laboratory. https://bdpolicylab.com/publications/budget-pulse-july-2026
Method and source
Source: Primary sources cited at point of use in the publicationAs of 5 Jul 2026