Bangladesh: Selected Issues

International Monetary Fund

No 2008/335, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Bangladesh reviews institutional developments in the foreign exchange market since 2002. In 2002, there have been several aspects of the financial system and exchange market in Bangladesh that posed impediments to a floating exchange rate system. The financial system has been dominated by state-owned commercial banks with assets amounting to about 24 percent of GDP and accounting for some 46 percent of industry net assets. Market interventions have been largely confined to building foreign exchange reserves and to countering rare disorderly market conditions.

Keywords: ISCR; CR; Bangladesh; export; investment; VAT; capital tax; garment export performance; GDP ratio; export growth; current account norm; Public investment spending; Public investment and public-private partnerships (PPP); Current account; Real exchange rates; Exports; East Asia; South Asia; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 46
Date: 2008-10-15
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Citations: View citations in EconPapers (2)

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