State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Macroeconomic Management
➤ Perhaps the government may need to make decisions as regards gradually
pulling out some of the support measures in place while keeping a sharp eye
on the evolving pandemic scenario, and also prepare for possible fallouts. For
example -
◉
■ The moratorium on bank loan recovery and classification will need closure
at a time of rising non-performing loans (NPL)
During the pandemic period, several tax incentives were put in place, some
of which should be time-bound.
➤ No doubt, the economy will need a recovery package 2.0, with distributive
justice which will support the marginalised people at a time of rising prices of
daily essentials and by taking into consideration their struggle during the
pandemic with consequent loss of income and savings and increased debt
➤ This new recovery package should also consider the increased cost of
investment due to rising commodity prices (including for capital goods)
which have also put upward pressure on wages.
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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