...1. Introduction Infrastructure development is one of the top priorities of a country's economic progress. Planned and well connected infrastructure services attract foreign direct investments and boost local investments. Efficient infrastructure can promote sustainable economic and social development. Thus, infrastructure is the capital stock that provides public goods and services. It produces various effects, including those on production activities and quality of life for the households, which saturates the entire society. To meet the present and future demand for infrastructure development, developing and least developed countries like Bangladesh always face scarcity of their own resources. Therefore, to accelerate infrastructure development, the Government has encouraged private sector participation in infrastructure projects. Bangladesh inherited underdeveloped and unevenly distributed infrastructure and transportation networks. Poor and inefficient infrastructure undermined the economic development in the country, and only recently has the government been able to address the problem systematically and channel investments towards expanding its highways, railroads, seaports, and airports. In this term paper I have discussed the past and current situation of the country’s 2 sectors of infrastructure i.e. communication (roads) and Power (solar) sector and their contribution towards the development of our economy. 2. Bangladesh Infrastructure: Power and Communication...
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...A Chronicle of Last Three Years: Building the Future Budget Speech 2012-13 Abul Maal Abdul Muhith Minister Ministry of Finance Government of People’s Republic of Bangladesh Dhaka 24 Jaisthya 1419 7 June 2012 Contents Issues Permission Page 1 Chapter I: Introduction and Background Tribute, Acknowledgement, The Vision, Budget: A 1-4 Tool for Realising the Vision Chapter II: Macroeconomy and Global Perspective Global Perspective, Growth, External Sector, Remittance and Manpower Export, Current Account, 5-7 Foreign Exchange Reserve and Exchange Rate, Inflation, Monetary Policy Chapter III: Budget for FY 2011-12: Problems and Corrections Revised Revenue Targets, Revised Expenditure Targets, Budget Deficit, Revised ADP, Recent Economic Scenario, Economic Strategies Chapter IV: FY2011-12 Budget Structure Assumptions: Global Economy, Monetary and Fiscal Space, Sustained Growth in Agriculture, Private Sector Investment, Revenue Mobilisation, Inflation Structure: Estimates of Revenue Income, Estimates of Expenditure, Budget Deficit and Financing, Annual Development Programme, Overall Expenditure Structure Chapter V: Reform Programmes Public Financial Management: Medium Term Budget Framework, Multi-module Database (iBAS), Reforms in Expenditure Management, ADP Implementation, New Budget Classification Structure and District Budget, Information Technology in the Public Financial Management, Strengthening Audit Ensuring Private Participation in the Infrastructure Sector: Public-Private...
Words: 47837 - Pages: 192