"Contacted, Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue (CPD), underscored the need for the national statistical agency to re-estimate the GDP size.
"Many reports, including the 'White Paper on the State of the Bangladesh Economy', have identified flaws in the BBS's GDP growth estimates," he said.
As a result, the actual tax-GDP ratio and debt-GDP ratio cannot be accurately accounted for, added Rahman.
"First, the BBS should develop a robust methodology for calculating GDP," he emphasised."
Most of the institutional are still running on old systems. Only after some critical reforms (which is still in a very early stage and haven't fully started yet) we may see better stats and accurate data. This doesn't require a genius to figure it. But some people have very little comprehension.
"Many reports, including the 'White Paper on the State of the Bangladesh Economy', have identified flaws in the BBS's GDP growth estimates," he said.
As a result, the actual tax-GDP ratio and debt-GDP ratio cannot be accurately accounted for, added Rahman.
"First, the BBS should develop a robust methodology for calculating GDP," he emphasised."
Most of the institutional are still running on old systems. Only after some critical reforms (which is still in a very early stage and haven't fully started yet) we may see better stats and accurate data. This doesn't require a genius to figure it. But some people have very little comprehension.




