Bangladesh Economy

1
Budget and Economy of Bangladesh

• Presented By
• Md. Korban Abdulla

2
Todays Agenda

• 1. Bangladesh Economy
• Overview
• 2. My Thinking
• EPZ
• 3. Budget 2016-17

3
New Industrial Policy (2016) Proposed
Category Industrials Policy 2010 Proposed (2016) Industrials Policy
Large (Manufacturing) Capital above Tk 30cr Workers more than 250 Capital above Tk 50cr Workers more than 300
Large (Services) Capital above Tk 15cr Workers more than 100 Capital above Tk 30cr Workers more than 120
Medium (Manufacturing) Capital Tk 10-30cr Workers 100-250 Capital Tk 15-50cr Workers 121-300
Medium (Services) Capital Tk 1-15cr Workers 26-100 Capital Tk 2-30cr Workers 51-120
Small (Manufacturing) Capital Tk 0.1-10cr Workers 25-99 Capital Tk 0.75-15cr Workers 31-122
Small (Services) Capital Tk .05-1cr Workers 10-25 Capital Tk 0.1-2cr Workers 16-50
4
New industrials policy and foreign investor

• Financial incentive package for making green ,
  high tech projects
• Tax holiday
• Invest 10 lakh or transfers 20 lakh ,can apply
  for Bangladeshi citizenship.
• Five year Multiple visa for prospective foreign
  investors.

5
Six High Priority industries

• 1. Agriculture and food processing
• 2. Garments
• 3. ICT and Software
• 4. Pharmaceuticals
• 5. Leather and leather products
• 6. Jute and jute goods.

6
Contribution of Export processing Zone (EPZ) to
the Economy of Bangladesh

• There is no doubt that Bangladesh Economy is
  going to an expansion position. There are several
  variables on this methodology. Export processing
  zone (EPZ) is one of them.
• We are going to discuss first about four
  variables of EPZ how these four variables are
  contributing in the Growth and Development of
  Bangladesh Economy. Our considering four
  variables are

7
Four Variables and Economic Growth and
Development of Bangladesh

• 1. Number of Industries (N)
• 2. Total amount of export (EX)
• 3. Total amount of Investment and (I)
• 4. Total numbers of Employment (E)

8
A simple mathematically presentation

• These variables are mathematically functions of
  EPZ growth.
• Y A (n, Ex, I, E)
• Where
• A A parameter that shows that how sensitive the
  EPZ growth is
• N Number of Industries
• I Total amount of Investment and
• E Total numbers of Employment
• Y is the growth rate of EPZ that contributing
  on Bangladesh Economy.

9
Source Annual Report 2012-13
Source Annual Report 2012-13
Name of EPZ Number of Industries (N)   Total amount of export (EX)   Total amount of Investment (I) Total numbers of Employment (E)
IEPZ 10 138.59 72.85 6071
AEPZ 39 834.67 194.22 30,874
KEPZ 38 836.62 263.05 39070
10
Overview Of Bangladesh Economy

• GDP RANK

Nominal 44th
PPP 32nd
11
GDP GROWTH RATE
Year AMOUNT
PPP 2016 NOMINAL 3840 1466
12
GDP BY SECTOR
13
LABOR FORCE
14
(No Transcript)
15
(No Transcript)
16
(No Transcript)
17
(No Transcript)
18
Budget 2016-17
19
(No Transcript)