Improved Fiscal Data in Bangladesh for a Transparent and Accountable Public Sector

Debapriya Bhattacharya, Towfiqul Islam Khan, Muntaseer Kamal and Rakshanda Khan

No 28, CPD Report from Centre for Policy Dialogue (CPD)

Abstract: Fiscal transparency and accountability can help attain a number of macroeconomic objectives. It is essential for fostering better macroeconomic stability, improving credit ratings, lowering public debt and deficits, decreasing corruption levels and catalysing high levels of economic growth. These are essential prerequisites for establishing good governance. Indeed, transparency and dissemination of information are critical for different social groups to participate in the budgetary process. In fine, fiscal transparency, i.e., full disclosure and timely reporting of fiscal data, is key to maintaining budgetary integrity, effective financial monitoring, promoting participatory debates around fiscal policies, and endorsing accountability in macroeconomic management.

Keywords: Fiscal Data; Fiscal transparency; Accountability; Public sector; Macroeconomy; Bangladesh (search for similar items in EconPapers)
Pages: 37 pages
Date: 2022-02
New Economics Papers: this item is included in nep-acc and nep-ger
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