Bangladesh: Staff Report for the 2001 Article IV Consultation

June 7, 2002

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Bangladesh: Staff Report for the 2001 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed December 26, 2024

Summary

This 2001 Article IV Consultation highlights that Bangladesh’s economy became progressively more fragile after the mid-1990s owing to a persistent pursuit of expansionary fiscal and monetary policies along with slow progress on needed structural reforms, especially in the banking and state-owned enterprises (SOEs) sectors. Rising credit demands of the government, the SOEs, and the private sector were readily accommodated by monetary policy. These growing domestic imbalances were reflected in pressures in the foreign exchange market and by a marked decline in international reserves.

Subject: Banking, Commercial banks, Exchange restrictions, Expenditure, External debt, Financial institutions, Foreign exchange, Poverty, Poverty reduction

Keywords: Banking system credit, Cash budget deficit, Cash expenditure, Commercial banks, CR, Deficit, Exchange restrictions, Expansionary fiscal policy, Global, Government, Interbank money market rate, ISCR, Poverty reduction, Transaction

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/113
Stock No:

1BGDEA0012002
ISBN:

9781451804065
ISSN:

1934-7685

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