Bangladesh: Staff Report for the 2003 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2003/205, IMF Staff Country Reports from International Monetary Fund

Abstract: Bangladesh achieved steady gross domestic product growth with manageable inflation, and improved social indicators, owing to prudent macroeconomic management and a renewal of structural reform. The proposed Poverty Reduction and Growth Facility-supported program builds on this record of policy implementation. Fiscal reform should be centered on a sustained revenue effort and investments in infrastructure and human capital. The government has been commended for the flexible management of the exchange rate. Executive Directors consider the proposed policy program to be comprehensive and realistic for achieving the objectives.

Keywords: ISCR; CR; PRGF loan; government; PRGF-supported program; reform; strategy; nationalized commercial banks; NCB reform; Bangladeshi authorities; Budget planning and preparation; Poverty reduction; Global (search for similar items in EconPapers)
Pages: 109
Date: 2003-07-11
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