With an estimated GDP of dTk22,24,300 crore in 2017-18, the deficit of 1,12,275 crore will be 5.04% of GDP. “Greece is a big example of uncontrolled budget deficit,” he added. This is Tk5,595 crore or 5.24% higher than that of the revised budget for FY2016-17. The revised budget deficit is Tk1,06,680 crore but the announced budget deficit was Tk97,850 crore. The size of the current year’s budget is Tk340,605 crore, but it was downsized to Tk317,180 crore in the revised budget.

Source: Dhaka Tribune May 31, 2017 19:52 UTC