Dhaka, June 11 -- Puzzles, Promises and the Purse

Massive expansion: The FY2027 budget is set to swell by 19 percent to Tk 9.38 trillion, testing the country's financing capacity to its limits

Ambitious tax targets: The NBR faces an unprecedented Tk 6.04 trillion collection target, which analysts say stretches credibility.

Ballooning borrowing: A deficit exceeding Tk 2.4 trillion will heavily rely on domestic and external loans, risking a "debt-trap" cycle.

Surging debt service: Interest payments will approach Tk 1.4 trillion, consuming vast fiscal space needed for productive investment.

Welfare commitments: Social spending will hit Tk 1.45 trillion to meet election promises, though delivery inefficiencies remain.

The budget that Fi...