Overview

The announcement of the National Budget is the most significant annual economic event for the private sector and citizens alike. The FY 2026-27 budget is particularly critical as it must balance the dual pressures of persistent global inflation and the need for massive infrastructure investment. This pre-budget seminar provides a technical audit of the government’s proposed fiscal path.

Our analysis centers on the “Margin of Safety” within the national balance sheet. We will scrutinize the government’s borrowing patterns from the domestic banking sector, which often “crowds out” private investment. Furthermore, we will analyze the efficiency of energy and agricultural subsidies, debating whether a transition toward a “Targeted Social Safety Net” would better serve the economy than broad-based price supports.

Core Objectives:

  • Inflation Targeting: Proposing monetary and fiscal coordination strategies to stabilize the purchasing power of the Taka.
  • Infrastructure Sustainability: Assessing the Return on Invested Capital (ROIC) for “Mega Projects” and ensuring debt-service obligations do not cripple future budgets.
  • Tax Reform Advocacy: Identifying avenues to simplify the tax code to encourage FDI while ensuring large corporations contribute their fair share.