A budget deficit is described as the difference in the funds that the government collects in taxes and what is spent. In 2001 the economy was at $128 billion surplus and has steadily decreased to a $1.327 trillion deficit in 2012. It is currently projected that by 2013 the deficit will be down to $901 billion (Amadeo‚ 2012). A popular question is whether the source of a deficit really matters or not‚ the concern is the fact that the United States is in debt. Many Americans want to place the blame
Premium Monetary policy Public finance Inflation
The Twin Deficits in the Economy of the United States The twin deficits are definitely back. People that do not know what twin deficits are? The Twin deficits are the current account deficit and the federal budget deficit. The current account deficit measures the flow of money from and to other countries and measures merchandise Trade. If you put it in short words‚ it means exports minus imports of goods and services. The Federal budget deficit is a government’s debt. It happens when an entity spends
Premium United States public debt
[2010] [Bangladesh Economy: A SWOT Analysis] Course Title: HRM 501 Submitted to: Lieutenant General Mohd. Aminul Karim MBA Program BRAC University Prepared by: Nushrat Sharmin ID # 09264022 MBA Program Summer 2010 Semester Introduction This paper aims to examine Bangladesh’s overall economy with special focus on strengths‚ weaknesses‚ opportunities‚ threats (SWOT) analysis. The research has found that Bangladesh is going to encounter series of economic hurdles in near future. Over the last
Premium Economics Economy
Fiscal Policy‚ Debt and Budget deficits in Thailand The size of Thailand government debt To judge the size of Thailand government debt is to compare it to the debt of other countries and to the debt that Thailand has had during the own past. Table 1 shows the amount of government debt for 34 countries express as a percentage of each country’s GDP in year 2009 and year 2010.On the top of the list are the heavily indebted countries of Japan and Italy‚ which have accumulated a debt that exceed
Premium Deficit Public finance Tax
Parliament) on June 9‚ Bangladesh’s National Budget for Fiscal Year 2011-2012 was passed on June 29 at the parliament. The country’s biggest budget‚ with 1.63 trillion taka (US$22 billion)‚ is nearly 28% bigger than that of the current Fiscal Year which ends on June 30. The budget will see a deficit of Tk 452.04 billion excluding grants‚ the finance minister Abul Maal Abdul Muhith had said while tabling it on June 9. Muhith projected an increase in the fiscal deficit to 5% of gross domestic product (GDP)
Premium Taxation Tax Fiscal year
This study is based on secondary data. This text is primarily focused on contribution of agriculture in the economy of Bangladesh. In the way of doing so‚ a short briefing about the economy of Bangladesh is given and demonstrated Bangladesh agriculture condition at a glance. The agriculture is shown as the share of GDP‚ proportion of labor force working in agricultural sector‚ budget allocation for agriculture‚ agriculture in net export-import and countered with some fancy questions those pop
Premium Agriculture
বুধবার‚ ১০ আগস্ট‚ ২০১১ SWOT analysiss of Bangladesh Economy (2010) A SWOT ANALYSIS OF BANGLADESH ECONOMY Prepared By: Md. Moshiur Rahman‚ MBA BRAC University ID: 10164013 Abstract: Although one of the world ’s poorest and most densely populated countries‚ Bangladesh has made major strides to meet the food needs of its increasing population‚ through increased domestic production augmented by imports. The land is devoted mainly to rice and jute cultivation
Free Economics Economy
Foreign Aid to Bangladesh (from independence to till now) Bangladesh is a country with a population of 120 million people‚ but heavily dependent on international or foreign aid. One of the downside of receiving foreign aid is that Bangladesh still spends a part of it for waging war in the Chittagong Hill. Foreign aid is also used for socio-economic developments and fighting one of the highest poverty rates in the world. Each year‚ Bangladesh spends an extra $125 million on foreign aid and
Premium Aid Development aid International relations
2.0 Budget Profile On the 7th of June‚ 2012 the 42nd budget of Bangladesh was announced by Mr. Abul Mal Abdul Muhith. The budget came into activation on the 1st of July‚ 2012. This is for the first time in the history of Bangladesh where the budget was not activated on the very day of the announcement. This is because some new duties and taxes were introduced that needed the sanction from the parliament and took some time in the bureaucratic process. The short profile of the budget is given below:
Free Tax Public finance
1.1 BACKGROUND OF THE STUDY In the age of capitalism the Multinational Companies are the part and parcel of the economy of a country.A Multinational Company is company which is originated in a country (home) and expands its activities through the world. The Indian Sub-continent has been an exquisite land of attraction for the businessmen since a long been.Bangladesh‚ after achieving birth in 1971 had become a fascinating body by the MNCs. As capitalization is going on through the world the MNCs
Premium Corporation Investment Multinational corporation