Bangladesh's Development Independent Review slide image

Bangladesh's Development Independent Review

Independent Review of RBD Bangladesh's Development 50.0 Target 33.6 4.0 FY20 5.6 10.3 7.3 42.2 35.2 23.2 Figure: Growth of selected fiscal indicators (in %) Target Actual FY21 Expenditure 23.6 9.5 Public finance management -14.8 16.5 Jul-Mar 2.0 -62.7 18.4 31.263.3 20.6 11.1 Actual -121.7 Target Jul-Mar FY22 Revenue Source: Calculated from MoF data ■Deficit (excluding grants) During the first nine months of FY22, the growth in revenue mobilisation surpassed the annual growth target. On the other hand, public expenditure growth was substantially below its annual growth target The government has a budget surplus during the first nine months of FY22 (excluding grants) – not desirable in the present context - CPD (2022): Recent Challenges Facing the Bangladesh Economy: A Brief Overview 5
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