Technical Assistance Reports

Bangladesh: Technical Assistance Report-Disaster Risk Financing

April 4, 2025

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Format: Chicago

International Monetary Fund. Fiscal Affairs Dept. "Bangladesh: Technical Assistance Report-Disaster Risk Financing", Technical Assistance Reports 2025, 031 (2025), accessed April 23, 2025, https://doi.org/10.5089/9798229006095.019

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Summary

Disasters have posed significant economic costs to Bangladesh, and financing needs associated with disaster response are estimated to be substantial. Bangladesh has put in place fiscal mechanisms, social protection programs, and financial instruments to respond to natural disasters. While the country has adequate resources for recurrent disasters, financing gap for moderate and severe disasters remains large. The government could strengthen fiscal policy mechanisms to help close the financing gap and make social programs more shock-responsive and scalable in times of disaster. Bangladesh could also better leverage financial sector instruments to enhance disaster resilience.

Subject: Budget planning and preparation, Disaster aid, Environment, Financial institutions, Fiscal policy, Fiscal space, Foreign aid, Insurance, Natural disasters, Public financial management (PFM)

Keywords: Asia and Pacific, Bangladesh., Budget planning and preparation, CD recipient, Disaster aid, Disaster management, Disaster risk financing strategy, Disaster Risks, Financial Instruments, Financing gap, Fiscal Policy, Fiscal space, Global, IMF resident representative, Insurance, Insurance coverage, Natural disasters, Operating budget, Public Finance, Social Protection, State insurance scheme

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