Bangladesh to boost spending in next two fiscals to offset Covid impact

Bangladesh to boost spending in next two fiscals to offset Covid impact

The Bangladesh government has decided to fix the public expenditure at 17.1% and 17.2% of the gross domestic product (GDP) in the next two fiscals (2021-22 and 2022-23, respectively), as Prime Minister Sheikh Hasina seeks to pull the economy out of the Covid-19 pit. Expenses incurred by the government of a country on collective needs […]