Bangladesh: Request for a Three-Year Arrangement Under the Extended Credit Facility

International Monetary Fund

No 2012/094, IMF Staff Country Reports from International Monetary Fund

Abstract: The government of the People’s Republic of Bangladesh has requested a three-year Extended Credit Facility (ECF) arrangement with access of 120 percent of quota in support of their reform program. It aims to restore macroeconomic stability, strengthen the external position, and engender higher, more inclusive growth. Under the ECF-supported program, the main components are upfront macro-tightening measures buttressed by greater exchange and interest rate flexibility.

Keywords: ISCR; CR; asset; tariff increase; staff appraisal; ECF arrangement; preliminary data; budget performance; Commercial banks; Credit; Imports; Global (search for similar items in EconPapers)
Pages: 83
Date: 2012-04-16
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