Bangladesh Narrows Fiscal Deficit, Cuts Spending in Budget

Street vendors sell vegetables in Dhaka, Bangladesh.Photographer: Fatima Tuj Johora/Bloomberg

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.

Bangladesh’s interim government targeted a smaller fiscal deficit and lower spending in its maiden budget, as the South Asian nation aims to meet conditions for future International Monetary Fund loans, critical for the crisis-hit economy.