Investor Presentaiton
Independent Review of
RBD
Bangladesh's Development
Macroeconomic Performance in FY2017: Early
Signals
Discrepancies of statistics regarding fiscal parameters are increasing
MRFP vs
NBR
Year
Difference
MRFP vs
Possible
IMED
explanations:
(NBR
MRFP vs BB
(Budget
(ADP
Revenue
Deficit)
➤ Different
Expenditure)
Collection)
methodologies
FY12
3,464
490
-5,508
Different tools and
FY13
5,820
562
-3,969
techniques
FY14
9,092
1,586
-11,645
➤ Different accounting
FY15
12,765
8,528
-8,888
practices
9,298
16,478
5,223
FY16
(6.4%)
(24.6%)
(9.8%)
Q1 of FY17
1,172
2,762
10,416
Figures in the parenthesis are departure from MRFP in %
Causes an adverse impact on the budgetary monitoring, and the quality of
fiscal and budgetary planning is thus compromised
Need a reconciliation and consolidation between these estimates for the
sake of ensuring efficacy of public finance management
CPD (2017): State of the Bangladesh Economy in FY2017 (First Reading)
17View entire presentation