fbpx

The national budget for FY17 has been proposed in a stable macroeconomic context. While GDP growth and inflation figures in last fiscal year were within Government’s target, budgeted expenditure and revenue were largely off-target as we had predicted. Although the problems behind such subpar performance have been rightly identified by the Government, reform measures need time to be implemented. With the fragile system still in its place, we believe achieving a 29% bigger budget and 37% higher revenue will be challenging.

Read the full report here.

Categories: Economy

Related Posts

Economy

Monthly report, October 2019

After three years of negative balance, the current account has returned to a green zone riding on greater negative growth in import compared to export along with additional support from higher inflow of remittance, backed Read more…

Economy

Top fund manager buys Tk 500 million stake in bdnews24.com

In another first, bdnews24.com has secured the single biggest institutional investment for a digital media company in Bangladesh with a major fund manager putting faith in the nation’s top news publisher. LR Global Bangladesh, an affiliate of Read more…

Economy

Lodge stock complaints online – BSEC platform goes live tomorrow

Investors will be able to file stock market-related complaints online on the Bangladesh Securities and Exchange Commission’s (BSEC) website from tomorrow, a move aimed at expediting its redress mechanism. To open on a separate window, Read more…