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: Emergency Assistance SDR 133.33 million; PRGF Arrangements SDR 301.88 million.
- The last Article IV Executive Board Consultation was on October 28, 2011 (Country Report 11/314)
- Selected Macroeconomic Indicators for Bangladesh; Updated December 2013
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
By Anoop Singh I am in China this week to present our new Asia-Pacific Regional Economic Outlook in Shanghai. I remain as impressed as ever by China’s energy and vibrant growth, an impression that is reinforced every time I return to this country.
Bangladesh and the IMF
Press Release: Statement at the Conclusion of the IMF Mission for the Fourth Review Under the Extended Credit Facility Arrangement with Bangladesh
Bangladesh: Staff Report for the 2013 Article IV Consultation and Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria
December 5, 2013
Series: Country Report No. 13/357
Press Release: IMF Completes Third Review under the Extended Credit Facility Arrangement with Bangladesh, and Approves US$140.4 Million Disbursement
Regional Economic Outlook: Asia and Pacific
Asia has not been spared by the recent re-pricing of financial assets in emerging markets, encountering a wave of capital outflows in the past few months. The overall impact has, so far, been manageable although some countries have been subject to greater stress. Tighter global liquidity— and homegrown structural impediments in some countries—will weigh on growth, but for most economies the impact should be partly offset by a gradual pickup in exports to advanced economies and resilient domestic demand. If, however, conditions tighten further we are likely to see even greater differentiation across the region. Those with strong fundamentals and policy credibility will be able to offset imported tightening through lower policy rates and fiscal support. Others that have delayed reforms, left fiscal vulnerabilities untackled, or tolerated too-high inflation may be forced to respond with a procyclical policy tightening. Announcing credible medium-term reforms would rebuild confidence and ease policy trade-offs.