BSS
  02 Jun 2025, 17:54
Update : 02 Jun 2025, 18:10

Salehuddin expects to receive $3.6b budget support from dev partners by June

DHAKA, June 2, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed today 
expected that Bangladesh will receive additional budget support of about US$ 
3.6 billion from various development partners by June (FY 2024-25).

"It may be noted here that we expect to receive additional budget support of 
about US$ 3.6 billion from various development partners by June of the 
current fiscal year," he said.

The finance adviser said this while presenting the proposed national budget 
for FY26 through a pre-recorded speech aired through Bangladesh Television 
and Bangladesh Betar.

Salehuddin said the current account balance has improved as exports continue 
to grow more than imports. 

"In the July-March period of the current fiscal year, export earnings 
increased by 9.45 percent compared to the same period of the previous fiscal 
year. On the other hand, imports increased by 5.57 percent," he added. 

As a result, the current account deficit narrowed to US$ 0.66 billion at the 
end of March 2025 from US$ 4.4 billion at the end of the same period in 2024, 
he continued. 

The adviser, however, said due to the continuation of the government's 
austerity policy, the pace of development projects has slowed down somewhat 
and as a result, the promised foreign loan disbursement for the projects is 
slow. 

In the July-March period of the current fiscal year, he said the amount of 
medium and long-term loan disbursement from foreign sources decreased by 19 
percent to US$ 4.48 billion compared to the same period of the previous year. 

If we can bring down inflation to the desired level, the pace of development 
projects will increase again, he added.