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Investor Presentaiton

Independent Review of RBD Bangladesh's Development Operating Expenditure □ Interest payment comprises a major share of recurrent operating expenditure (about one-fifth in FY22 budget) - during FY22 (up to Dec) its share reached to 29%. ☐ Interest payment particularly against domestic debt has increasingly become a major recurrent operating expenditure - increased by 9.7% during Jul-Dec FY22. ➤ Growth of interest payment of foreign loans though not consistent in nature, is likely to rise further in the coming years because of the increasing use of non- concessional loans. ☐ In terms of sectoral distribution, expenditure for general public services (GPS) and interest payment (IP) comprise over 50% of total operating expenditure - share has been increasing over the years. ➤ In FY17, the total share of GPS and IP was almost 35% which has been increased up to 46% in BFY22. Is there any revisiting of GPS expenditure required? Figure: Interest payments: Amount & Y-O-Y Growth 66319 62,000 120.0 100.0 80.0 70,000 95.8 60,000 53,995 50,000 46,015 38,160 40,000 53.7 60.0 31078 30,000 40.0 25.3 20,000 20.6 22.8 12.5 17.3 20.0 13.4 -0.7 -4.4 9.5 10,000 6,589 3,605 3,446 4,318 4287 0.0 -6.5 2355 0 -20.0 BFY22 AFY22 (up to Dec) Domestic Foreign ADomestic AForeign 26 AFY18 AFY19 AFY20 AFY21 CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading)
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