The government plans to introduce municipal bonds to finance local government and urban infrastructure projects, easing the burden on the central exchequer and enabling cities to raise funds independently for development initiatives.
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.
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 Tk 938,000 crore.