a slide on Economy of bangladesh

1. WELCOME

2. Group Members
Name Id#
Md. Tanveer Islam 22204028
Foysal Ahmed Soud 22204035
Ashikur Rahman Raju 22204037
Md. Al Amin 22204036
Md. Imran Hossain 22204024

3. Budget Expenditure on Education in
Bangladesh

4. Contents
 Introduction
 What is Budget?
 Types of Budgets
 Budget allocation for education sector of last Five years(2016-2020)
 Bangladesh Spending for education sector of last Five years(2016-2020)
 Present Budget situation For education Sector in Bangladesh (2021-2022)
 Trends in National Budget for Education
 Top 12 projects in education sector in ADP FY2016
 Revenue and education budget
 Recommendations
 Conclusion

5. Introduction

6. What is Budget?

7. Types of Budgets
Balanced of Budget
Surplus Budget
Personal Budget
Corporate Budget
Government Budget
Master Budget
Operating Budget
Flexible Budget
Financial Budget

8. Budget allocation for for education
sector of last Five years(2016-2020)

9. Bangladesh Spending for education sector of
last Five years(2016-2020)

10. Present Budget situation For education
Sector in Bangladesh (2021-2022)
• The budget allocation for the education sector made up 11.91 percent of
the total outlay in the 2020-21 fiscal year.The share of the education in
the GDP stood at 2.08 percent in the previous fiscal year.
• Of the total amount the primary and mass education ministry will get
317.16 billion which was take 263.14 billion in the fiscal year 2021-2022.
• An allocation of tk 399.61 billion has been kept aside for the secondary and
higher education division in the proposed budget which wasTk 364.87
billion in the outgoing fiscal .
• The technical and Madrasah education will get 97.27 billion .
• The government increased allocation for education 94.95 billion in the
proposed budget comparing previous year

11. Trends in National Budget for Education
The share of the education sector budget both as % of the GDP
and the total budget, is declining
Education budget both as % of total budget and GDP is
projected to decline further in FY18 and FY19
Growth of education budget was highly volatile and dropped
significantly in FY16 while it is projected to increase marginally
in FY18 and FY19
On a positive note, development budget for education has been
increasing proportionately since FY2010.

12. Trends in National Budget for
Education(Cont.)
• The current study selected 12 priority projects of ADP for closer scrutiny
and find out whether these projects got enough allocation to get
completed by FY16
• Among these 12 projects, half of the projects are supposed to be
completed by FY16
• PEDP-III, which is also scheduled to be completed by FY16 has only 59%
possible completion rate suggesting a further time extension
• However, as per project profile, the project timeline has extended to
December 2017

13. Top 12 projects in education sector in
ADP FY2016

14. Revenue and education budget
“Lack of resources is a major reason for government’s inability
to provide adequate allocation for education”
 Cross-country data suggests, there is a strong correlation (0.8) between domestic
resource mobilization and budgetary allocation for education
Correlation between domestic resource mobilization and budgetary allocation for
education

15. Revenue and education budget(Cont.)

16. Over The past decade, a decline in utilization rates was observed for
different sectors. One of them is education sector.
A very recent national budget is already declared for the fiscal year
of 2022-2023 in our country. Out of the total budget of TK 678,064
crore the allocation for the education sector is TK 81.449 crore FY-
23 or 12% of the total, compared to 11.9% in FY-22. In terms of
GDP ratio, it is only 1.83%, lower than the outgoing fiscal year’s
allocation.
This is one of the lowest in the world, far below the recommended
minimum of 4 to 6 percent of GDP and 20 percent of the national
budget.
The Budget of Fiscal Year 2022-2023

17. Literacy rate
Bangladesh literacy rate for 2020
was 74.91%, a 0.22%
increase from 2019.
Bangladesh literacy rate for 2019
was 74.68%, a 0.77%
increase from 2018.

19. “Give me an educated mother, I shall promise
you the birth of a civilized, educated nation”,
said – Napoleon in the 18th century……………………

21. THANK YOU