Bangladesh: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria, Activation of the Trade Integration Mechanism (TIM), and Augmentation of the Access Under the PRGF Arrangement in Accordance with the TIM

September 9, 2004

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Bangladesh: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria, Activation of the Trade Integration Mechanism (TIM), and Augmentation of the Access Under the PRGF Arrangement in Accordance with the TIM, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This paper discusses Bangladesh’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria. Bangladesh’s macroeconomic policies have been prudent. December 2003 quantitative targets and March 2004 performance criteria were met. Progress on structural reforms has been mixed owing to delays in implementation, with slippages in meeting most of the structural performance criteria and benchmarks. However, remedial actions have been taken, with respect to both tax administration and the process of strengthening bank management and adopting bank-by-bank resolution strategies.

Subject: Banking, Budget planning and preparation, Credit, Exports, International trade, Money, Public debt, Public financial management (PFM)

Keywords: Budget planning and preparation, Contract, CR, Credit, Energy reform program, Exports, Global, Government, ISCR, Janata management, Loan disbursement, Management, Management team, PRGF arrangement, PRGF-supported program, Sales advisor

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/290
Stock No:

1BGDEA0042004
ISBN:

9781451804133
ISSN:

1934-7685

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