State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Macroeconomic Management
Budget deficit was lower during the first quarter of FY22,
according to the central bank data
Thanks to foreign aid inflow for COVID-19 financing (including for
the purchase of vaccines), about 46.7% of the budget deficit was
financed by net foreign financing despite the below-par performance of
project aid in ADP financing
Net sale of NSD certificates was (-) 26.3% lower due to the recent lowering
of purchase limit and interest rates and use of technology to ensure that
the purchase limit set for an individual is not breached
▪ This would also mean that if there is any future rise of government
borrowing, it is more likely to be serviced by higher bank borrowing by
the government which remains within the limit
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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