Economist Zahid Hussain warns pledge-heavy budget risks collapse without execution discipline
Dhaka, June 9 -- The Fiscal Trap: Pledges vs Pockets
Realistic targets vital: Zahid Hussain warns an unprecedented Tk 6.95 trillion revenue target risks fiscal strain unless expenditure aligns with actual capacity
Inflation pressure persists: He says a four-year inflationary surge reflects structural supply-side bottlenecks rather than demand overheating
Subsidy-driven risks: He estimates unavoidable energy tariff hikes to clear power sector arrears could add about 1 percentage point to inflation
Funding stream frozen: He says suspension of about $1.8 billion in IMF funds is triggering a knock-on tightening in other multilateral budget support
Banking reform concerns: He argues policy reversals on large borrower restructuring are wea...
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