NCP describes proposed budget as 'ambitious, fiscally unrealistic'
Dhaka, June 11 -- The National Citizen Party (NCP) on Thursday dismissed the government's proposed Tk 9.38 lakh crore budget for fiscal year 2026-27 as overly ambitious and detached from economic reality, warning that the actual deficit could be nearly double the official figure.
Reacting to the budget placed before parliament by Finance Minister Amir Khosru Mahmud Chowdhury, NCP's Shadow Budget Committee chief and joint convener Atik Mujahid said the stated deficit of around Tk 2.5 lakh crore masked a far graver fiscal picture.
"The actual deficit could approach Tk 4.5 lakh crore," Mujahid said, adding that the revenue collection target of Tk 6.95 lakh crore, equivalent to 10.2 percent of GDP, was simply unattainable under present econ...
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