Dhaka, June 23 -- The Centre for Policy Dialogue (CPD) has described the proposed national budget for the fiscal year 2025-26 as exceptional in terms of its reduced size but observed that it lacks coherence between its stated objectives and actual allocations.

Presenting its analysis titled "CPD Budget Dialogue 2025: An Analysis of the National Budget for FY2025-26" at a post-budget dialogue held at the Lakeshore Hotel in the capital on Sunday, CPD Executive Director Dr Fahmida Khatun noted that while the budget claims to prioritise people over physical infrastructure and overall development over mere growth, these ambitions are not adequately supported by fiscal measures.

"The budget includes several positive initiatives - tax reliefs,...