Bangladesh: Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria
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Summary:
This paper discusses Bangladesh’s Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria (PC). All PCs at end-December 2013 (the test date for the fourth review) were met, and all structural benchmarks have been completed. Fiscal and monetary policies are set to retain a prudent stance to safeguard macroeconomic stability. Based on strong program performance to date and the policy framework going forward, the IMF staff recommends completion of the review, as well as modification of PCs for end-June 2014 on account of reserve over-performance.
Series:
Country Report No. 2014/149
Subject:
Banking Commercial banks Credit External debt Financial institutions Money Public debt State-owned banks
English
Publication Date:
June 2, 2014
ISBN/ISSN:
9781498387965/1934-7685
Stock No:
1BGDEA2014001
Pages:
76
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