Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance? slide image

Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance?

Independent Review of RBD Bangladesh's Development Policy stance Subsidy on fuel, power and agriculture should be continued for the next few months ➤ Any hike in the administered prices will have multiplier effect on inflation - for the time being no adjustment of administered prices should be made Priority for public expenditure should be set clearly ➤ More fiscal space should allocated for rising demands for subsidies and social safety net programmes ➤ The earlier measures to cut down 'unnecessary and luxury' public expenditure (e.g., government vehicle purchase) should be reinstated ➤ Focus should be on public infrastructure projects that are closer to completion ➤ Tax evasion should be curbed by all means to generate resources for priority expenditures CPD (2022): Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance?
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