3. • A budget is a financial plan
for a defined period of a
year. It may also include
planned sales volumes and
revenues, resource
quantities, costs and
Budget
4. Budget
Types of
• i. Corporate Budget
• ii. Government/National
Budget
• iii. Personal Budget
5. Government Budget
A government budget is an annual financial statement presenting
the revenues and spending for a financial year that is often passed by
the legislature, approved by the chief executive or president and
presented by the Finance Minister to the nation.
7. Bangladesh recorded a
Government Budget deficit equal
to 4.80 percent of the country's
Gross Domestic Product in 2017.
Government Budget in
Bangladesh averaged -3.39
percent of GDP from 1991 until
2017, reaching an all-time high of
-1.30 percent of GDP in 1993 and
a record low of -4.80 percent of
Let’s
Know
Some
Facts
10. Agriculture
The budget allocation for Ministry of
Agriculture for FY 2016-17 is BDT
136.75 billion ($1.73 billion)
But in 2017-18,The agriculture sector
has been allocated Tk. 24430 crore
which is 6.1% of the budget than in
the previous fiscal year where the
amount was 6.7%
12. Education
• Proposed allocation for the
education and technology
sector in FY 2017-18 is Tk.
65, 450 crore (16.4% )
• In FY 2016-17 this allocation
was Tk. 52,914 crore
13. Education
In comparison of FY 2016-
17 & 2017-18, 0.8%
allocation of budget has
increased in the FY 2017-
18.
14. Health
The proposition for 2017-
18 is Tk. 20,679 crore,
which was previously
17,487 crore for the year
2016-17
16. Transportation
and
Our Finance Minister proposed
for allocation of Tk. 3,974 crore in
this sector for the fiscal 2017-18
which was Tk. 1,835 crore in the
previous fiscal.
Communication
18. Public
Administration
The budget allocation for public administration
sector for fiscal year 2017-18 was Tk. 56,603
crore (13.6%). In the previous fiscal year,
2016-17, Tk. 33,759 crore (13.9%) was
allocated for this sector.
19. Defence
The government has proposed raising the budgetary
allocation for the defense services to Tk 25,771 crore
(6.1%) for both non-development and development
budget in the fiscal year 2017-18 from Tk 22,144 crore
(6.5%) in the previous year’s (2016-17) budget
20. Power and Energy
In the fiscal year 2017-18, Tk. 21,118 crore (5.3%) was
slated for the power and energy sector and in the fiscal
year 2016-17, the power and energy allocation was Tk.
15,035 crore (4.4%).
21. Power and Energy
Effectively, this was a 45%, i.e. 7,193 crore,
increase in allocation for this sector as compared
to the budget for the fiscal year 2016-17
22. Social Security and
Welfare
In FY 2017-18, the proposed allocation for Social Security and Welfare
sector is Tk. 20,701, which is 6.0 percent of the budget outlay. For
Social Security and Welfare sector, the proposed allocation in FY 2016-
17 was Tk. 19,880, which was 5.8 percent of the total budget.
23. Public Order And
Safety
Budget allocation in Public Order and Safety
for FY17 is Tk. 21,062 crore (6.2% of total
budget),For FY18, Tk. 22,881 crore has been
allocated to this sector which is 5.7% of total
budget
24. Budget allocation in this
sector in 2017-18 was about
10.4% of the total budget
Tk. 400266 crore
amounting to Tk. 41,257
crore but it was about
29.15% more than the
amount Tk. 32,863 crore (
9.7% of total budget) which
was in 2016-17.
Interest Payment
25. LGRD
The budget allocation of
Local Government and
Rural Development in
FY17 was 23,543 crore
(10.85% of total budget)
and in FY18 was 27,708
crore (12.4% of total
budget). Here the