Bangladesh Resident Representative Site
Resident Representative Office in Bangladesh
This web page presents information about the work of the IMF in Bangladesh, including the activities of the IMF Resident Representative Office. Additional information can be found on the Bangladesh and IMF country page, including IMF reports and Executive Board documents that deal with Bangladesh.
At a Glance : Bangladesh's Relations with the IMF
- Current IMF membership: 188 countries
- Bangladesh Joined on August 17, 1972; accepted the obligations under Article VIII, Sections 2, 3, and 4 on April 11, 1994.
- Quota: SDR 533.30 million
- Outstanding loans: ECF Arrangements SDR 526 million (as of June 2014).
- The last Article IV Executive Board Consultation was on November 27, 2013 (Country Report 13/357)
- Selected Macroeconomic Indicators for Bangladesh; Updated in July, 2014
IMF-JICA High-Level Conference on Economic Transformation and Inclusive Growth in Frontier Asia
The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) held a conference on January 28, 2013, in Bangkok, Thailand, to discuss how Frontier Asia can move up the development ladder while ensuring that growth and jobs creation benefits all segments of society.
The conference was addressed by IMF Deputy Managing Director Naoyuki Shinohara, and included ministers, central bank governors and senior officials from Bangladesh, Bhutan, Cambodia, Lao PDR, Maldives, Mongolia, Myanmar, Nepal, Timor-Leste, and Vietnam. The Kyrgyz Republic also participated, and Bank of Thailand Governor Prasarn Trairatvorakul offered opening remarks.
Conference website: www.imf.org/frontierasia (includes papers presented).
See also: Conference program and press release.
News — Highlights
Press Release: IMF Concludes 2013 Article IV Mission and Third Review Under the Extended Credit Facility Arrangement with Bangladesh
Bangladesh and the IMF
Bangladesh: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement-Press Release and Staff Report
November 10, 2015
Series: Country Report No. 15/304
November 10, 2015
Series: Country Report No. 15/305
November 9, 2015
Author/Editor: Sohrab Rafiq
Series: Working Paper No. 15/231
Press Release: IMF Executive Board Completes Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement for Bangladesh and Approves US$258.3 Million Disbursement
Regional Economic Outlook Update: Asia and Pacific
While Asia's growth has recently disappointed, the region is expected to grow at a steady 5.4 percent in 2015-16, remaining the global growth leader. Asia's growth should benefit from relatively strong labor markets and disposable income growth along with the ongoing gradual recovery in major advanced economies. Across most major Asian economies, lower commodity prices should help consumption. Negative risks to growth dominate, especially the possibility of a sharper slowdown in China or larger spillovers from the changing composition of China's demand. In addition, further U.S. dollar strength accompanied by a sudden tightening of global financial conditions, weaker growth in Japan, and weaker regional potential growth could also dim Asia's growth prospects. High leverage could amplify shocks, and lower commodity prices will also hurt corporate investment in key commodity-producing sectors. All in all, despite its resilient outlook, Asia is facing a challenging economic environment. This calls for carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth.