State of the Bangladesh Economy in FY2016-17; Second Reading: CPD's Budget Recommendations
In: http://hdl.handle.net/11540/10309
The CPD budget proposals for FY2018 is the second reading of the State of the Economy report prepared under the Independent Review of Bangladesh Development (IRBD), which follows the first reading presented in January 2017. The first reading focused on some of the key trends in the Bangladesh economy at the halfway juncture of FY2017. The current report presents CPD's perspectives in the context of the upcoming FY2018 budget by taking the current dynamics of macroeconomic performance as the reference points. The focus of this report is on four areas: (a) taking cognisance of the macroeconomic stances in terms of sustainable growth acceleration and enhanced employment generation; (b) enhancing resources for the budget; (c) supporting the private investment; and (d) strengthening social security and provision of human resources development for the marginalised and the vulnerable groups. The report uses the most recent data from available official sources. Most of the recommendations on the upcoming budget have been derived from earlier in-depth analytical works undertaken by CPD. This report will be followed by a comprehensive analysis of the Bangladesh economy covering FY2017, to be released prior to the presentation of FY2018 budget. The final instalment of this year's IRBD will come up with CPD's reactions to the FY2018 budget once it is presented in June 2017.