Dhaka, March 27 -- Bangladesh sees some easing of budget stress with the fiscal deficit for the first half of 2023-24 narrowing nearly 60 per cent year on year to Tk 83.38 billion by official count.

According to the latest update on fiscal operations that the Ministry of Finance (MoF) released Wednesday, this deficit was Tk 207.77 billion during the same period a year before.

Total budget expenditure during July-December of this fiscal year was recorded at Tk 1.9489 trillion while the revenue mobilisation stood at Tk 1.8656 trillion, leaving a modest deficit.

The tax revenue was recorded at Tk 1.6216 trillion, up by 11.3 per cent over the same period a year earlier.

Spending from the annual development programme (ADP) outlay, which re...