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Press Briefings

Broad-based reforms for rapid improvement of Bangladesh’s business competitiveness

  Bangladesh needs long-term investment and reform policies for financial sectors, governance and education with substantial human resource development as envisaged in the 7th Five-Year Plan in order to push the country beyond its plateauing competitiveness rankings. The observation emerged at a media briefing held at Brac Centre Inn, Dhaka …

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Budget FY2016: Financing structure of successive budgets becoming fragile

(left) Khondaker Golam Moazzem, Mustafizur Rahman, Debapriya Bhattacharya, Towfiqul Islam Khan and Anisatul Fatema Yousuf

The quality of fiscal planning is deteriorating over the last four years which is likely to continue while revenue collection targets set by the FY2016 budget may remain underachieved again. Budgeting in Bangladesh continues to lack benchmarks on progress, expansion and plans concerning various measures and initiatives from the earlier …

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CPD for economic reforms to achieve growth breakthrough beyond six pc

Bangladesh should take advantage of its current macroeconomic stability to drive economic and institutional reforms in order to break the stagnant 6 percent growth. In this regard, the seventh five-year plan, policy coherence, strengthened governance and quality of public expenditure will be critical for realising the growth and development targets …

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Private investment lacks momentum despite relative macroeconomic stability: IRBD FY2015

Favourable politics and reforms in public institutions are needs of the moment to stimulate private investment and consequently boost growth beyond the stalled six percent. CPD, in its State of the Bangladesh Economy in Fiscal Year 2015 (First Reading), pointed out that lack of additional private investment for accelerating growth …

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Reduce economic vulnerability, enhance human assets for Bangladesh to rise above LDC status

Bangladesh’s graduation from the LDCs Reducing economic vulnerability and enhancing human assets to rise above LDC status   Bangladesh needs to pursue economic and human development simultaneously to graduate from the LDC status as well as meet the requirements of the post-2015 development agenda. Greater emphasis should be put in …

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Proposed FY2015 Budget: Right Fiscal Measures within Weak Framework

CPD Budget 2014

Macroeconomic correlates in the proposed FY2015 budget were inconsistent while key fiscal targets did not reflect reality in designing of the framework. The basis of achieving 7.3 percent GDP growth remains a suspect without substantial private sector investment which has shown a continuous declining trend, underscored the CPD analysis of …

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Restore entrepreneurs’ confidence through conducive politics to accelerate investment

Political uncertainties have adversely affected Bangladesh’s economic performance, particularly private sector investment which undermined the prospects of accelerating GDP growth. On the other hand, relative macroeconomic stability in the backdrop of contained inflation, sustained exchange rates, high foreign exchange reserves and high export earnings has translated into higher economic growth …

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The challenge of balancing resource availability with expenditure expansion: post-election upsurge yet to be seen

The challenge of balancing resource availability with expenditure expansion Post-Election upsurge yet to be seen Fiscal policy package for FY15 will require consolidation of public expenditure with prudent prioritisation, an intensification of revenue mobilisation drive, and closer attention to financing of fiscal deficit with greater emphasis on foreign financing. The …

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CPD proposes four-point agenda to rejuvenate the economy over the coming months

In order to revive growth dynamism in the economy, Centre for Policy Dialogue (CPD) has proposed to restructure the fiscal framework, ensure policy predictability, provide support to Boro (rice) harvest and rural economy, and compensatory measures for sectors affected due to restive politics – in the report titled “Analytical Review of Bangladesh’s Macroeconomic Performance …

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Political Business Cycle may afflict Bangladesh Economy: Media Briefing

The political elites of Bangladesh will need to give priority to issues of concern and should not allow political confrontation to undermine their class interest. This is crucial to safeguarding the interest of Bangladesh economy and the livelihood concerns of common citizens ahead of the electoral transition. CPD analysis of …

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Media Briefing: Global Competitiveness Report 2013-14 and Bangladesh Business Environment Study 2013

(from left) Kishore Kumer Basak, Research Assistant; Dr Khondaker Golam Moazzem, Additional Research Director; Professor Mustafizur Rahman, Executive Director; and Dr Fahmida Khatun, Research Director, CPD.

  Bangladesh has performed well in terms of macroeconomic stability, infrastructural development and goods market efficiency in the Global Competitiveness Report (GCR) 2013-14, which yielded an upward move by eight positions to 110th in the global ranking among 148 countries. In particular, public and private investment in the energy and …

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Fiscal framework “the weakest link” in FY14 Budget

BP2013

The CPD termed the fiscal framework as “the weakest component” in the budget although most fiscal measures appeared to be positive. CPD analyses also revealed that attainment of the National Board of Revenue (NBR) target would be a major implementation challengeas the budget’s implementation would take place during the tenure …

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