Bangladesh budget deficit
Proposed budget is grossly inadequate
Govt should make major changes before finalising it.
National Budget FY2023-24 / Cause for frustration for common people
There is not much in it to make us feel better in terms of its focus and measures.
Govt borrowing from Bangladesh Bank stokes inflation fears
In a time of elevated inflation, the government has started to borrow heavily from the Bangladesh Bank to meet the budget deficit, in a move that is set to push up the consumer price level further.
$1b WB loan unlikely this fiscal year
Bangladesh’s request for additional budget support of $1 billion from the World Bank is unlikely to come through this fiscal year, dashing the government’s hope of meeting a portion of the budget deficit with cost-effective funding.
Proposed budget is grossly inadequate
Govt should make major changes before finalising it.
Cause for frustration for common people
There is not much in it to make us feel better in terms of its focus and measures.
Govt borrowing from Bangladesh Bank stokes inflation fears
In a time of elevated inflation, the government has started to borrow heavily from the Bangladesh Bank to meet the budget deficit, in a move that is set to push up the consumer price level further.
$1b WB loan unlikely this fiscal year
Bangladesh’s request for additional budget support of $1 billion from the World Bank is unlikely to come through this fiscal year, dashing the government’s hope of meeting a portion of the budget deficit with cost-effective funding.