Dhaka, June 11 -- The government plans to borrow Tk 1.12 trillion from the banking system in the new fiscal year, equivalent to 1.64 percent of total GDP.

In the outgoing fiscal year, the original budget set the borrowing target from this sector at Tk 1.04 trillion, which was later revised upward to Tk 1.18 trillion, which means the new target is Tk 80 billion higher than the original budget of fiscal year 2025-26, but Tk 60 billion lower than the revised estimate.

Finance Minister Amir Khosru Mahmud Chowdhury presented the Tk 9.38 trillion budget for the 2026-27 fiscal year in parliament on Thursday.

He expects Tk 6.95 trillion in revenue, leaving an overall deficit of Tk 2.43 trillion, or 3.6 percent of GDP.

To finance this gap, the...