State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Status of COVID-19
support measures and relief funds
Bangladesh's fiscal stimulus package is a meagre 13.28 per cent of its total
COVID-19 relief funds or only 0.9301 per cent of its GDP, and falls far
short of the 11 per cent of GDP that is estimated to be required to
mitigate the socioeconomic impacts of COVID-19
Ironically, the largest industries which are relatively more capable of dealing
with shocks got the greatest support from COVID-19 relief funds.
Although the COVID-19 pandemic is fundamentally a public health crisis, less
than 1 per cent of the total funds were allocated for purposes
related to healthcare.
□ Computable general equilibrium model simulations have estimated that 2.5
per cent of GDP would be needed to strengthen the public health
infrastructure in Bangladesh so that it can deal with the COVID-19
crisis
There was no allocation for subsidising the treatment of patients at private
hospitals or building new hospitals; no health funding was allocated for
research
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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