Bangladesh: Request for a Three-Year Arrangement Under the Extended Credit Facility
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Summary:
The government of the People’s Republic of Bangladesh has requested a three-year Extended Credit Facility (ECF) arrangement with access of 120 percent of quota in support of their reform program. It aims to restore macroeconomic stability, strengthen the external position, and engender higher, more inclusive growth. Under the ECF-supported program, the main components are upfront macro-tightening measures buttressed by greater exchange and interest rate flexibility.
Series:
Country Report No. 2012/094
Subject:
Banking Commercial banks Credit Financial institutions Foreign exchange Imports International trade Money Revenue administration
English
Publication Date:
April 16, 2012
ISBN/ISSN:
9781475503074/1934-7685
Stock No:
1BGDEA2012001
Pages:
83
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