The forthcoming fiscal 2015-16 marks the beginning of the terminal phase of ‘Vision 2021’. The proposed budget for FY 2015-16, therefore, aims high to break free of the 6% growth trap and achieve a ‘modest’ 7% GDP growth by the end of FY 2015-16 while taming inflation at 6.2%. Even though the expected GDP growth remains ‘modest’, the 23% bigger budget seems ambitious, given the apparent unrealistic revenue target.
Economy
Budget Insights 2022-23
The proposed national budget for FY22-23 is BDT 6,780.6 bn which is 14.2% higher compared to the revised budget of FY21-22. The core focus of the budget is on the balancing the economic growth and Read more…
