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
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