Page 63 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 2, 2013, pp. 32-66

million)
FY Labour-
3
Force Employment Rate of Unemployment (%)
2011 58.08 54.95 5.4
2012 60.35 58.73 2.7
2013 62.70 61.17 2.5
2014 65.14 63.7 2.2
2015 67.68 66.43 1.8
2016 70.32 69.26 1.5
2017 73.07 72.32 1.1
Annual Growth Rate (%) 3.9 4.7 -23.2

Table -13- Bangladesh Workers’ Remittance from Abroad, for the period 2011-2017 (in
Tk billion)
Annual
FY 2011 2012 2013 2014 2015 2016 2017 Growth
Rate (%)
Amount in Tk billion 829.2 979.2 1156.5 1365.8 1613.0 1905.0 2249.7 18.1

4
Table - 14 -: Expected Public Debt during 2011-2017 in Tk billion
Expected Public Change in Public Domestic Public External
FY
Debt Debt Debt Public Debt
2011 3212.2 241.7 1284.9 1927.3
2012 3750.5 538.3 1500.2 2250.3
2013 4413.0 662.5 1765.2 2647.8
2014 5232.4 819.4 2092.9 3139.4
2015 6281.8 1049.4 2512.7 3769.1
2016 7727.5 1445.7 3091.0 4636.5
2017 9939.9 2212.4 3975.9 5963.9

7. The Integrated Macro-Fiscal Model Features, Characteristics, Policy Uses and

Future Directions -Concluding Remarks:
Under this section, a brief outlines of the main features, characteristic and envisaged uses of

the model at the FD/MEW and other economic related institution in Bangladesh [The details of the
model’s characteristics and the main uses of the model in development planning and fiscal setting, are shown in the author’s
technical reports Nos. -3-, and -13- , submitted to MEW on January and December, 2012, respectively], have been

illustrated.

3 Calculated as ( (L t – L t ) / L t ) * 100, with L t is the labour-force and L t is the employment in year t.
s
s
s
4 The result is likely to hold acceptable until 2014, but not beyond as concerted efforts and rigorous measures need to be taken
and applied to curtail the unnecessary government recurrent expenditures and enhance revenues, specially, through applying a
clear and effective tax systems as well as strengthening the tax administration and increasing the tax collection efficiency and
accountability.
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