Bangladesh : Fiscal Costs of Non-Financial Public Corporations

Kojo, Naoko C.

World Bank, Washington, DC

关键词: ISSUANCE OF GOVERNMENT SECURITY;    TARIFFS;    CONTINGENT LIABILITIES;    POWER GRID;    HOLDING;   

RP-ID  :  98267

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The overall fiscal position of Bangladesh looks sustainable, but there are concerns that thecountry may be trapped in a low revenue-low capital spending equilibrium, which is holding backBangladesh’s growth potential. Eliminating wasteful spending and halting fiscal drains throughinefficient non-financial public corporations (NFPCs) are important ways to create fiscal space,particularly in the area of infrastructure.This paper reviews the financial performance of the NFPC sector in Bangladesh, with a specificfocus on two major loss-making firms: Bangladesh Petroleum Corporation (BPC) and PowerDevelopment Board (PDB). The objective of this paper is to update the Bank’s knowledge on thefinancial performance of the NFPC sector and estimate the fiscal costs emanating from the sector.