This paper discusses Bangladesh's Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria. Political uncertainty and nationwide strikes are taking a toll on economic activity, with private investment most affected. Real GDP growth moderated in FY2013...

Bangladesh has made substantial progress in strengthening macroeconomic conditions and structural policies. Strong vigilance, guided by adherence to programmed deficit targets, is needed, however. The strengthening of debt management practices now under way will reinforce debt sustainability....

The Sixth Five Year Plan, as outlined in Bangladesh's Poverty Reduction Strategy Paper, targets strategic growth and employment. The medium-term macroeconomic framework plan entails the involvement of both the private and public sectors. Human resources development strategy programs reaching out...

Fiscal performance has been broadly in line with program targets. As a result, the current account deficit has narrowed, reserves have increased significantly, and headline inflation is under control. However, implementation of structural benchmarks has lagged, necessitating sharper focus and...

Executive Directors commend Bangladesh in addressing the major challenges to growth and poverty reduction. The strategy is comprehensive and confronts the key issues impeding sustainable development and inclusive growth in Bangladesh. Implementing sound macro-financial policies, intensifying...

This paper focuses on Bangladesh's 2023 Article IV Consultation, First Reviews under the Extended Credit Facility Arrangement, Arrangement under the Extended Fund Facility, and the Resilience and Sustainability Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance...

This Selected Issues paper discusses policy options and trade-offs in Bangladesh. After a prolonged period of stable inflation, Bangladesh is experiencing a bout of persistently high inflation since the beginning of Russia's war in Ukraine. Bringing inflation down and restoring macroeconomic...

In August 2023, the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) undertook a Technical Assistance (TA) Mission at Bangladesh Bank (BB) to advise on the shift from a reserve money targeting monetary policy framework to an interest rate-focused one. This transition,...

The Bangladesh economy continues to face multiple challenges. Persistently high international commodity and food prices and global uncertainties have amplified macroeconomic vulnerabilities. A sudden reversal of the financial account intensified pressures on foreign exchange reserves and the...

This paper presents Bangladesh's Requests for an Extended Arrangement under the Extended Fund Facility, an Arrangement under the Extended Credit Facility, and an Arrangement under the Resilience and Sustainability Facility (RSF). The authorities are concurrently requesting access to the RSF to...