Bangladesh, Dec. 7 -- The budget deficit during the July-September period last increased by nearly 200 per cent compared with the corresponding three months in 2018, as gains in tax receipts were offset by higher spending and growing debt servicing, according to the government statistics.
The statistics show that the deficit widened to Tk 321.44 billion (32,144 crore) during the first quarter or Q1 of this fiscal year. The rise is 183 per cent compared to the same period a year earlier.
During the period under review the total spending was Tk 876 billion against the revenue receipts to the tune of Tk 554.6 billion.
There was no grant during the Q1, but loan disbursement and other flows from external sources were much lower than expectati...