The government has unveiled a series of major reforms aimed at restoring confidence in the banking sector, with a focus on reducing non-performing loans, strengthening transparency in lending, and eliminating political interference in bank management.
Presenting the proposed budget, the finance minister said the government has set a revenue collection target of Tk 695,000 crore. The resulting budget deficit of Tk 2,43,000 crore is planned to be financed through a mix of domestic and external borrowing.
“To ensure that depositors receive their money back, we have undertaken a comprehensive bank restructuring programme,” the minister said.
The government is already allocating nearly Tk 40,000 crore for the recapitalisation of weak banks as part of its efforts to stabilise the sector. The measures are being seen as a significant step towards safeguarding depositors’ interests and rebuilding public trust in the banking system.
Finance Minister Amir Khasru Mahmud Chowdhury unveiled the proposed national budget for the 2026–27 fiscal year in parliament on Thursday.
The proposed budget, the first under the current government, has an outlay of Tk938,000 crore.