Investor Presentaiton
Independent Review of
RBD
Bangladesh's Development
Concluding Remarks
ā Since the poor and disadvantaged people are yet to overcome the impact
of the pandemic and have been affected further due to high prices of
essential commodities, the policy should protect the purchasing power of
the poor and low-income groups.
CPD has been proposing various measures to ease the burden of rising
prices and shrinking purchasing power of low- and fixed-income earning
people including selectively reduce taxes at import and domestic stages
and expanding social protection.
ā Besides, strategic sectors such as energy and agriculture will have to be
supported through subsidies for economic growth and food security.
The above measures should be combined with higher efforts for domestic
resource mobilisation and reduced unnecessary and less important
expenditures.
In the FY23 budget, fiscal measures pertaining to the external sector
should focus on addressing the adverse impacts of imported inflation.
CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading)
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