Economics
How to Recognize a Good Budget?
The size of a budget is not the right measure of a good budget. The real measures are five. Where is income coming from (Tax-to-GDP)? Is spending building the future or servicing debt? How is the deficit being financed? Are the government and central bank aligned? And who gets the bulk of subsidies? FY27 fails on all five. Compared to Singapore, Norway, Vietnam, and South Korea, Bangladesh lags far behind. Budget discipline, compounded over 30 years, changes the fate of a generation.
Jun 10, 202613 views
