Macroeconomic Context and Revenue Strategy The Bangladesh National Budget for the fiscal year 2026-27 (FY27) arrives amid persistent domestic and global economic headwinds, characterized by elevated inflation, declining household savings, and a fragile banking sector. 1 The budget is unprecedented in scale, totaling BDT 9.38 trillion, representing 13.7% of the projected Gross Domestic Product (GDP). 3 The government has set an ambitious GDP growth target of 6.5% and an inflation reduction target of 7.5%. 4 To finance this expansion, the fiscal framework relies on a historic total revenue target of BDT 6.95 trillion, equating to 10.2% of GDP. 2 The National Board of Revenue (NBR) is tasked with mobilizing the vast majority of this capital, carrying a target of BDT 6.04 trillion. 6 This leaves a budget deficit of BDT 2.43 trillion (3.6% of GDP), which the government intends to finance through heavy borrowing, including BDT 1.12 trillion directly from the domestic banking system. 3 T...
Negotiation skills are paramount in the complex and ever-evolving healthcare supply chain management field, particularly for procurement teams. The "ABCD of Negotiation" framework offers a comprehensive approach to enhancing negotiation strategies, ensuring that healthcare institutions can secure the best possible deals while maintaining strong relationships with suppliers. This article explores how this framework can be applied to the healthcare procurement process, focusing on the specific skills and actions outlined in the diagram: Adapt, Analyze, and Ask. A - Act of Negotiation: Adapt Every negotiation revolves around the need to communicate effectively and influence outcomes. For healthcare procurement professionals, this means adapting to various negotiation scenarios, whether dealing with suppliers, vendors, or internal stakeholders. Adaptability is crucial in the dynamic healthcare environment, where supply chain disruptions, regulatory changes, and fluctuating market...