Bangladesh: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria—Staff Report, Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bangladesh
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Summary:
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. Restrained monetary policy has brought down inflationary pressures and supported the rebuilding of reserves, and there is a need for regulatory reforms to address vulnerabilities in the banking system. A comprehensive review of foreign exchange regulations would provide a firm guide to increase the attractiveness of Bangladesh to foreign direct investment (FDI) and portfolio investment flows.
Series:
Country Report No. 2013/157
Subject:
Banking Commercial banks Credit External debt Financial institutions Money Public and publicly-guaranteed external debt Public debt
English
Publication Date:
June 5, 2013
ISBN/ISSN:
9781484396544/1934-7685
Stock No:
1BGDEA2013004
Pages:
82
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