Bangladesh has an unusually high tax expenditure to GDP ratio despite having low revenue generation through direct tax.
Historically, revenue efforts in Bangladesh have been seriously inadequate, which has constrained public expenditure.
The interim government should call for a plebiscite along with a reform agenda and estimated timeframe to achieve them.
How does the social protection budget for the 2023-24 fiscal year fare when analysed through the lenses of equity and efficiency?
Almost a decade after the approval of the NSSS, the country has not yet established a single registry system or installed a robust MIS.
Time has come to make good on those plans.
Bangladesh’s social protection, a key policy instrument in the country, has had a history of innovation evolved around crises
Ensuring accessible, affordable and reliable financial services for all is one of the prerequisites of inclusive growth. The need for a comprehensive and focused public document for this purpose, outlining the vision, concrete targets and clearly defined implementation plan, had long been agreed upon by most financial policymakers worldwide.
Bangladesh has an unusually high tax expenditure to GDP ratio despite having low revenue generation through direct tax.
Historically, revenue efforts in Bangladesh have been seriously inadequate, which has constrained public expenditure.
The interim government should call for a plebiscite along with a reform agenda and estimated timeframe to achieve them.
How does the social protection budget for the 2023-24 fiscal year fare when analysed through the lenses of equity and efficiency?
Almost a decade after the approval of the NSSS, the country has not yet established a single registry system or installed a robust MIS.
Time has come to make good on those plans.
Bangladesh’s social protection, a key policy instrument in the country, has had a history of innovation evolved around crises
Ensuring accessible, affordable and reliable financial services for all is one of the prerequisites of inclusive growth. The need for a comprehensive and focused public document for this purpose, outlining the vision, concrete targets and clearly defined implementation plan, had long been agreed upon by most financial policymakers worldwide.
There have been lots of debates and disagreements with regard to the economic cost of Covid-19 in Bangladesh. In particular, the debate concentrated on GDP growth rate in FY2020, which ranged from 1.6 percent (World Bank) to 5.5 percent (Budget Speech FY 2021, Ministry of Finance [MOF]).
Bangladesh has started dealing with the severe consequences of the global coronavirus pandemic in earnest, with curtailed economic activities manifested in factory closures, cancellation of and/or sharply reduced export orders, falling remittance inflows, and depressed demand for domestically produced goods and services.
