There is hardly any room for us to be complacent, rather we need to be vigilant with every component of the fiscal framework. However, careful steps need to be taken while implementing the budget as the changed financial structure will have to depend more on domestic resources.
Stagnant private investment and inadequate employment creation are becoming giant hurdles for the Bangladesh economy. To achieve 7.4 percent GDP growth target, Bangladesh will need an additional BDT 66,000 crore in private investment.
Every year CPD publishes its interim review reports on Bangladesh’s macroeconomic performance analysis under one volume and, brings it out during the budget analysis dialogue of the succeeding fiscal year. The latest such title Bangladesh Economy in FY2016-17: Interim Review [...]
Political foresight and strong accountability measures are key for effectively implementing and monitoring the National Budget FY2017-18. The proposed budgetary measures had not been adequately debated in the Parliament.
Bangladesh’s GDP growth rate is estimated to reach 7.2 percent in FY 2017. While achieving the growth figures has dominated attention, it has not been able to create more jobs in the economy.
In a recent analysis, Distinguished Fellow Dr Debapriya Bhattacharya and Research Associate Ms Sarah Sabin Khan of CPD, have present the importance of least developed countries (LDCs) as a key ‘battleground’ for the implementation of the 2030 Agenda.
Role of research critical for understanding future challenges and potentials of Bangladesh’s RMG sector
Bangladesh’s ready-made garment industry is facing new challenges. While owners have to make a huge investment for remediation and other compliance issues, their competitors are trying to increase their international apparel market share by technological up-gradation and market diversification.
Bangladesh’s export-oriented ready-made garments (RMG) industry has made significant contributions to the country’s economic development over the last four decades.
As a signatory to the ‘Sustainability Compact’ with the EU and ILO, Bangladesh must ensure improved workers’ rights and better industrial relations in the country’s RMG sector.
Public representatives must take greater ownership of Bangladesh’s national budget for improving its transparency, accountability and for efficiently achieving implementation targets. As the Government of Bangladesh (GoB) is likely to pursue an expansionary fiscal policy in FY 2017-18, a bigger [...]
Just Faaland was not only a very good friend of the newly born Bangladesh but also was an Ambassador to the international community. After the independence of Bangladesh in 1971, the World Bank was persuaded to accept the assertion of [...]
Positively transforming Bangladesh’s political economy is key to sustaining economic growth and avoiding the possible middle-income trap (MIT). This calls for a well-crafted vision and a strategic plan for inclusive development. It requires investing in people, learning from global experiences [...]
Effective decentralisation of the national budget is key to mainstream the marginalised communities with the national development process. Backward regions like Rangpur will require a special budget for bringing people into the development mainstream and improve their life and livelihoods, [...]
Importance of good governance is known to all, but we also need to aware ourselves on the roles that we can play as active citizens, says Mr A J M Nasiruddin, Honourable Mayor of Chittagong City Corporation at a Dialogue [...]
Bangladesh is expected to meet all three criteria—increased income per capita, improved human assets and resilience to economic shocks—and it will have a likely balanced graduation from UN’s Least Developed Country (LDC) group in 2024. But this situation will also [...]