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Investor Presentaiton

4. State of affairs of fiscal data in Bangladesh (contd.) The reasons behind data discrepancy may include: ➤ Difference in data collection methodology and sources (e.g. MoF vs NBR or MoF vs IMED) ➤ Definitions of indicators (MoF vs BB) ➤ Time lag in reporting (MoF vs IMED) □ iBAS++ data should be more accurate as it is based on accounting system ☐ These differences may also create confusion while making policy actions In past, it has been experienced that when the relevant government agencies come together and reconcile their data, the discrepancies can be minimised Stakeholders often opt for more readily available data and forgo the accuracy and credibility aspects □ If iBAS++ data can be made available more widely and in a timely manner, the quality of public finance data can be improved Bhattacharya et al. (2022): Fiscal data in Bangladesh: Issues and Challenges 17
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