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 November 2012
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
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.
Press Statement at the Conclusion of the IMF Seminar on “IMF Responses to the Global Crises: Meeting the Needs of Low-Income Countries”
Bangladesh and the IMF
Press Release: Bangladesh: Statement at the Conclusion of the IMF Mission on the Second Review Under the Extended Credit Facility Arrangement
Bangladesh: First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of Nonobservance of a Performance Criterionâ€”Staff Report, Staff Statements and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bangladesh
March 11, 2013
Series: Country Report No. 13/61
March 11, 2013
Series: Country Report No. 13/63
March 11, 2013
Series: Country Report No. 13/62
Press Release: IMF Executive Board Completes First Review Under the ECF Arrangement for Bangladesh and Approves US$139.4 Million Disbursement
Regional Economic Outlook: Asia and Pacific
Growth in the Asia-Pacific region shows signs of improving as extreme risks emanating from advanced economies have receded and domestic demand remains resilient, supported by relatively easy financial conditions and robust labor markets. A small and gradual pick-up in growth to over 5¾ percent is projected in the course of 2013. Risks to the outlook from within the region, such as rising financial imbalances and asset prices in some economies, are coming clearer into focus. Although Asia’s banking and corporate sectors have solid buffers, monetary policymakers should stand ready to respond early and decisively to shifting risks, and macroprudential measures will also have a role to play. In many Asian economies, some fiscal consolidation could also rebuild the space needed to respond to future shocks and preempt potential overheating pressures from capital inflows. In particular, there is a growing need to make tax and spending policies more efficient. To sustain high growth rates and alleviate the “middle-income trap” across Emerging Asia, the policy agenda will vary by jurisdiction but will also often include strengthening infrastructure investment and reforming goods and labor markets.