Investor Presentaiton
Independent Review of
RBD
Bangladesh's Development
Operating Expenditure
Subsidies, incentives, and current transfers related expenditure have increased by
24.7% in FY22 (till Dec) compared to the same period of the previous year.
➤ This growth is largely driven by higher growth in subsidies (24.4%), and grants in
aid (32.7%). Pensions & gratuities reduced by 24.3%.
➤ Higher subsidy requirement (against the projected allocation in FY22 budget) for
supplying energy and power as well as fertiliser at administered price is the main
reason for the rise in subsidy.
Subsidy management will be a major challenge in the upcoming fiscal year in order
to stabilise the operating expenditure.
Figure: Subsidies and Incentives: Share and Y-o-Y Growth
Subsidies and Incentives and Current Transfers
250.0
200.0
60.0
50.0
150.0
40.0
100.0
30.0
50.0
20.0
10.0
0.0
0.0
-50.0
Subsidies &
incentives
Grants in Aid
Pensions and
Gratuities
Others
57.4
143.9
■ 19.7
-12.4
66.9
-100.0
ASubsidies
AFY17 AFY18 AFY19 AFY20 AFY21 AFY22
■BFY22
(up to Dec)
AFY21
(up to Dec)
CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading)
-0.8
24.4
7.5
■ 19.9
43.9
11.9
32.7
AGrants in Aid
-5.2 |
2.1
■AFY18
AFY19 AFY20 ■AFY21 ■BFY22
7.6
15.8
50.8
-24.3
-7.8
6.99-
-35.7
224.0
101.8
-15.7
APensions &
Gratuities
AOthers
■AFY22
(up to Dec)
25View entire presentation