Investor Presentaiton
6. What are the major concerns: Use in policymaking
(contd.)
Why is government spending less than its programme?
In FY21, budget deficit (excluding grants) was programmed to be Tk.
189,997 crore (6.58% of GDP)
□ According to MoF's Monthly Fiscal Report (June 2021), actual budget
deficit was Tk. 129,593 crore (4.49% of GDP) - less than FY20 (Tk.
156,035 crore or 6.14% of GDP)!
The government could have spent an additional Tk. 60,404 crore if it
maintained programmed level of budget deficit
This is equivalent to about 83.2% of total social protection budget
(excluding 'Pension for Retired Government Employees and their
Families') and more than double of budgetary allocations for Health sector
in FY21
Bhattacharya et al. (2022): Fiscal data in Bangladesh: Issues and Challenges
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