Bangladesh: Use of Fund Resources: Request for Emergency Assistance: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bangladesh
IMF Staff Country Reports, April 21, 2008
Source details
- Canonical URL
- Bangladesh: Use of Fund Resources: Request for Emergency Assistance: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bangladesh
Other formats
Bibliographic details
- Published: April 21, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451804256.002
Summary
- The fiscal impact of these policies will be significant, but donor support, improved revenue, and budget reallocations will contain domestic financing.
- The authorities have introduced several policies in response to the disasters.
- IMF staff supports the authorities’ request for a purchase under the IMF's policy on emergency assistance for natural disasters.
- Following severe flooding, the impact of cyclone Sidr on Bangladesh has been substantial.
Fiscal impact and financing
- Fiscal impact described as "significant".
- Containment of domestic financing expected from:
- donor support
- improved revenue
- budget reallocations
Policy response and IMF support
- Authorities introduced several policies in response to the disasters (unspecified in this summary).
- IMF staff supports a purchase under the IMF's policy on emergency assistance for natural disasters.
Subject areas and keywords
- Subject: Central banks, Credit, Emergency assistance, Environment, Foreign aid, Imports, International reserves, International trade, Monetary base, Money, Natural disasters
- Keywords: assessment of the damage, assistance, CR, Credit, cyclone Sidr, Emergency assistance, fund subsidy, Global, government, government-donor assessment, Imports, International reserves, ISCR, Natural disasters, rice import
Content in this bundle
- _cr08138 - Executive Summary