Power, energy allocation slashed for second consecutive year

The government has proposed an allocation of Tk 225.20 billion for the power and energy sector in the national budget for the fiscal year 2025-26 (FY26), reflecting a 25.71 per cent decrease from the Tk 303.17 billion allocated in FY2024-25 (FY25).

Finance Adviser Salehuddin Ahmed, while unveiling the budget on Monday, noted that the proposed FY26 allocation is also 0.81 per cent lower than the revised budget for FY25, which stood at Tk 227.04 billion.

This marks the second consecutive year that the power and energy sector has seen a cut in overall budgetary allocation.

In its final budget for FY25, the outgoing Awami League government had reduced the sector’s allocation by 12.93 per cent from FY24, when the sector received Tk 348.19 billion.

azizjst@yahoo.com