Govt should make major changes before finalising it.
There is not much in it to make us feel better in terms of its focus and measures.
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.
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.
Govt should make major changes before finalising it.
There is not much in it to make us feel better in terms of its focus and measures.
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.
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.
