Bangladesh has continued to showcase a weak performance in the open budget rankings among its South Asian peers, reflecting a lack of transparency and accountability in the formulation and implementation of fiscal measures.
Bangladesh’s national budget is now shrinking in relative size even as the government struggles to deliver on its development commitments.
In a country weighed down by high inflation, dwindling fiscal space and weak investments, now is not the time for illusions.
Bangladesh’s upcoming national budget, set to be unveiled by the interim government in June, could mark a rare departure from past fiscal cycles.
Bangladesh’s fiscal deficit is projected to remain above 4 percent of GDP through 2026, as revenue growth continues to fall short of expanding public expenditure.
Bangladesh’s approach to budgeting for health and education has come under sharp scrutiny, as decades of allocations have primarily gone towards construction. Meanwhile, the core of these sectors, service delivery, has been historically neglected.
Bangladesh must urgently redirect resources within its fragmented social protection system and scale up a handful of proven programmes that directly benefit the poorest, according to a leading economist.
Bangladesh’s interim government is preparing to unveil a rare contractionary budget on June 2, driven by a sharp rise in interest payment that is crowding out fiscal space and forcing spending cuts.
The upcoming national budget must outline a comprehensive roadmap to prepare for the country’s graduation from the least developed country (LDC) club in 2026, prioritising tariff rationalisation, tax reform, and sustainable fiscal policies, according to a leading business leader.
In a country weighed down by high inflation, dwindling fiscal space and weak investments, now is not the time for illusions.
Bangladesh’s national budget is now shrinking in relative size even as the government struggles to deliver on its development commitments.
Bangladesh’s fiscal deficit is projected to remain above 4 percent of GDP through 2026, as revenue growth continues to fall short of expanding public expenditure.
Bangladesh has continued to showcase a weak performance in the open budget rankings among its South Asian peers, reflecting a lack of transparency and accountability in the formulation and implementation of fiscal measures.
Bangladesh’s interim government is preparing to unveil a rare contractionary budget on June 2, driven by a sharp rise in interest payment that is crowding out fiscal space and forcing spending cuts.
Bangladesh must urgently redirect resources within its fragmented social protection system and scale up a handful of proven programmes that directly benefit the poorest, according to a leading economist.
Bangladesh’s approach to budgeting for health and education has come under sharp scrutiny, as decades of allocations have primarily gone towards construction. Meanwhile, the core of these sectors, service delivery, has been historically neglected.
Bangladesh’s upcoming national budget, set to be unveiled by the interim government in June, could mark a rare departure from past fiscal cycles.
The interim government is set to slash the development budget for the fiscal year (FY) 2025-26 by 14 percent year-on-year, as it struggles with limited fiscal space and steers away from costly mega-projects.