Macroeconomics

Delivering On Budget FY2009-10: A Set of Implementation Issues

February 21, 2012

Debapriya Bhattacharya

Md Ashiq Iqbal

Towfiqul Islam Khan

Centre for Policy Dialogue

Abstract

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generationrnand expansion of safety nets, low price level and to tackle the impact of the global financial crisis. The Centre for Policy Dialogue (CPD) in its budget reaction pointed out thatrnaddressing these objectives will entail designing of a set of appropriate budgetary measures, but will depend much more on the efficacy of their delivery.1 Furthermore, such delivery will need a coherent, coordinated, consistent and committed participation of the total government machinery and all other development actors and stakeholders. It wasrnencouraging to see that the Finance Minister publicly agreed with the analysts that implementation of the budget would be the most important challenge. In his post-budgetrnpress briefing on 12 June 2009, the Finance Minister stated: “While drawing up the budget, we knew its execution was going to pose a huge challenge”.

CONNECT WITH THE WORLD'S
TOP ASIA ANALYSTS

Sign up to receive free daily think pieces from leading analysts or our weekly digest, that includes our editorial and a collection of recent articles in brief.

EABER Member Institutions

© 2026 East Asian Bureau of Economic Research. All rights reserved.