Energy Decisions Critical for Macroeconomic Management

Energy-related decisions will be critical for the country’s macroeconomic management, according to economist Debapriya Bhattacharya, who called for careful assessment of policy options and coordination with the ?nance ministry. Without such coordination, any decision taken solely by the energy ministry could put the economy at risk, he said. Speaking at a media brie?ng organized by the Centre for Policy Dialogue (CPD) in Dhaka recently, Bhattacharya, convener of the Citizen’s Platform for SDGs, Bangladesh, talked about the challenges facing the ?rst budget of the new government. ‘If the government wants to take any decision regarding fuel and energy, it should not take it without analyzing the impact on the macroeconomy,’ he said. ‘You will have to ?rst understand the ?scal space of the country within the existing macroeconomic situation,’ said the economist.

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