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cushion the economy from the oil price shock triggered by the US-Israel war on Iran.

The development budget would be in the neighbourhood of Tk 300,000 crore, up from Tk 200,000 crore this year, as the new democratically elected government looks to jumpstart the economy after two years of political uncertainty.

The revenue collection target has been set at an ambitious Tk 690,000 crore, of which Tk 620,000 crore would be borne by the National Board of Revenue.

The revised budget for this fiscal year had set the revenue target at Tk 588,000 crore, including Tk 503,000 crore from the National Board of Revenue -- projections that officials acknowledge will fall short.The budget deficit has been set at around 5 percent.

This is expected to deliver a GDP growth of 6.5 percent and contain inflation within 7.5 percent in fiscal 2026-27.

The interim government had set a GDP growth target of 5 percent and an inflation target of 7 percent for this fiscal year.