Bangladesh : Staff Report for the 2013 Article IV Consultation and Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

December 5, 2013

Electronic Access:

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Summary:

This paper discusses Bangladesh’s Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria. Political uncertainty and nationwide strikes are taking a toll on economic activity, with private investment most affected. Real GDP growth moderated in FY2013 (July 2012–June 2013) to 6 percent (FY2012: 6.2 percent). Recent data on private credit and tax collections suggest economic activity continues to slow. The program remains on track. All performance criteria at end-June 2013 were met, and all structural benchmarks have been completed. The IMF staff recommends completion of the review and modification of the performance criteria for December 2013.

Series:

Country Report No. 13/357

Subject:

English

Publication Date:

December 5, 2013

ISBN/ISSN:

9781475575439/1934-7685

Stock No:

1BGDEA2013005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

121

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