Finance Minister Amir Khosru Mahmud Chowdhury has presented Bangladesh’s largest-ever national budget for the 2026–27 fiscal year in the second session of the 13th National Parliament. The budget session, chaired by Speaker Hafiz Uddin Ahmed, marks the first budget of the BNP-led government following its victory in the February 12 election.

A key proposal offers relief to the country’s garment industry, as the source tax on cash incentives from export earnings may be reduced from 10 percent to 5 percent. The move is expected to increase liquidity in the export sector, though the government anticipates a revenue loss of around Tk 500 crore. Currently, about 43 sectors, including ready-made garments, receive export incentives ranging from 0.30 percent to 10 percent, while the source tax on export income remains at 1 percent.

The Bangladesh Textile Mills Association (BTMA) has welcomed the positive aspects of the budget but has called for additional policy support to strengthen the sector further.