Bangladesh’s proposed national budget for the 2025-26 fiscal year is being touted by ruling party lawmakers as a “people’s budget,” with a focus on wealth redistribution. MP Rashida Begum Hira stated the budget incorporates a system where higher earners contribute a larger share through taxes, drawing a comparison to the Islamic practice of Zakat. The proposal emphasizes a progressive tax structure, increasing levies on higher incomes. This approach aims to ensure a fairer distribution of wealth and resources within the country. The budget is currently under discussion during the second and sixth day of the thirteenth National Parliament’s first budget session. Further details of the budget were expected to be revealed on Sunday, June 14th.