SANGSAD BHABAN, June 6, 2024 (BSS) - The government has reduced its 
expenditure by Taka 47,367 crore in the revised budget for the outgoing 
fiscal year 2023-24, bringing it down to Taka 714,418 crore.

In the budget for FY24, total government expenditure was estimated at Taka 
7,61,785 crore.

However, considering overall government expenditure till April, it was 
proposed to be reduced by Taka 47,367 crore, according to the proposed budget 
for FY25 placed today at Jatiya Sangsad Bhaban.

Of this, the allocation for Annual Development Programme (ADP) is proposed to 
be Taka 245,000 crore, down by Taka 18,000 crore from the original 
allocation.

In the budget for the current fiscal year, a deficit of Taka 261,785 crore 
was projected.

In the revised budget, a deficit of Taka 236,418 crore is proposed, which is 
4.7 percent of Gross domestic product (GDP).

It is noteworthy that the deficit was projected at 5.2 percent of GDP in the 
original budget.

The revised budget proposed to finance Taka 156,625 crore of the total 
deficit from domestic sources and the remaining Taka 79,793 crore from 
foreign sources.