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Govt belt-tightening saved Tk 5,689cr in FY25
The government cut its expenditure by 25 percent, or Tk 5,689 crore, in the fiscal year (FY) 2024-25 as part of a series of austerity measures.
Published: September 14, 2025
This is more than twice the Tk 2,500 crore saved a year earlier.
In the last fiscal year, the development and non-development budget allocations for energy, buildings, vehicles and land acquisition totalled Tk 22,756 crore, but actual spending stood at Tk 17,067 crore.
To steer through the economic turbulence caused by the Covid-19 pandemic in March 2020, the authorities introduced the first round of belt-tightening.
Although the economy began to recover subsequently, the Russia-Ukraine war broke out in 2022. It drove up global commodity prices and inflated the import bills for the country.
The government therefore chose to maintain the austerity measures, saving about Tk 2,500 crore in FY 2023-24.
A finance ministry official said spending was reduced in several ways in FY25, making the actual implementation about Tk 150,000 crore lower than the revised budget.
In the last fiscal year, motor vehicle and water vessel costs were reduced by 75 percent to Tk 774 crore from the actual budget.
The allocation for aircraft was Tk 1,369.6 crore, while spending barely changed at Tk 1,361.33 crore.
Electricity costs dropped 13 percent to Tk 1,729 crore. Expenditure on petrol, oil and lubricants fell 20 percent to Tk 2,063 crore, according to finance ministry data.
Land acquisition costs were cut by Tk 1,875 crore, while spending on residential and non-residential buildings was reduced by Tk 559 crore, according to finance ministry data.
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