Dhaka, Dec. 24 -- The interim government has sanctioned a revised budget of Tk 7.88 trillion for the current fiscal year, reducing the original size by Tk 20 billion while raising the revenue collection target by Tk 240 billion.

It was approved at a meeting of the Advisory Council on Wednesday, presided over by Chief Advisor Muhammad Yunus at his Tejgaon office.

His Press Secretary Shafiqul Alam later briefed the media at the Foreign Service Academy in Dhaka.

The government had initially set a spending target of Tk 7.9 trillion for FY2026.

Shafiqul said revenue collection has picked up pace this year. "Between July and October, revenue growth reached 26.4 percent, compared with 24.1 percent in the same period last year."

Against this...