Evaluation of the Fiscal Policy of Bangladesh
Political Economy - Development: Fiscal & Monetary Policy eJournal, Vol 10 Issue 98, (2022)
7 Pages Posted: 10 Oct 2022 Last revised: 9 Nov 2022
Date Written: September 30, 2022
Fiscal policy plays an important role in accomplishing crucial economic goals, especially production and employment increase. Acknowledgement and application of fiscal policy require differentiated attitudes in different situations. This paper investigates the relative importance of fiscal policies in altering real output growth in Bangladesh. In this paper, the authors discuss the fiscal policy model and its implications for fulfilling economic goals, especially in the current economic crisis. The role of fiscal policy can be more effective in enhancing economic growth by eliminating corruption, leakages of resources, and inappropriate use of resources. The study's outcomes demonstrate that fiscal policy is essential for output growth in Bangladesh.
Keywords: Fiscal Policy, Law, Taxes, Economic Law, Economy
JEL Classification: A11, A20, E42, E52, E61, E62, F02, F33, F38, F53, F63, F68, K33, K00, O23, O47, P44, Z18
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