Investor Presentaiton
6. What are the major concerns: Accuracy
Harmonisation: Divergence between fiscal data provided by the
key data suppliers makes the situation more difficult to gauge
➤ Discrepancy between data reported by MoF and NBR (revenue
mobilised by NBR), MoF and IMED (ADP expenditure) and MoF and
BB (financing of budget deficit)
□ Large discrepancy in fiscal data raises questions about the reliability
☐ Similarly, reported data which is revised by a large margin at a later date is
likely to face questions regarding its credibility and accuracy
□ Often the policymakers may consider less accurate data only because it is
more readily available
Bhattacharya et al. (2022): Fiscal data in Bangladesh: Issues and Challenges
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