State of the Bangladesh Economy in FY2021-22 slide image

State of the Bangladesh Economy in FY2021-22

Independent Review of RBD Bangladesh's Development Macroeconomic Management The policy package for supporting recovery needs to take cognisance of the new realities Many of key macroeconomic correlates are in the recovery trajectory, led by the export oriented sectors ➤ Regrettably, macroeconomic stability is no longer in a comfortable state- ▪ Rising commodity prices fuelled by international prices and unfavourable government policy in the form of the upward revision of administered prices of diesel and kerosene ■ A significant deficit in the overall balance of payments leading to reduced foreign exchange reserve and volatile exchange rate ■ Fiscal space is also shrinking, as is indicated by the government's decision in view of the upward revision of diesel and kerosene prices CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading) 15
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