Bangladesh: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh

Publication Date: February 01, 2016
Electronic Access: Free Full text (PDF file size is 1,830KB).
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Summary: Context. Since the last Article IV Consultation in November 2013, macroeconomic stability has been maintained, supported by prudent policies under the recently-concluded Extended Credit Facility arrangement. However, private domestic demand and credit growth have been tepid, and export growth has slowed, as it has in other Asian countries. The real effective exchange rate has appreciated strongly, but the external position is broadly in line with fundamentals and desirable policies. Outlook and risks. Provided that political calm prevails, public investment is ramped up, and constraints on private investment are eased, growth is projected to accelerate gradually to 7 percent over the medium term. Lingering political uncertainty, low fiscal revenues, and weaknesses in state banks’ balance sheets are the main challenges to the medium-term outlook.
Series: Country Report No. 16/27
Subject(s): Article IV consultation reports | Economic growth | Public investment | Fiscal policy | Value added tax | Climatic changes | Monetary policy | Bank supervision | Economic indicators | Balance of payments statistics | Debt sustainability analysis | Staff Reports | Press releases | Bangladesh

Publication Date: February 01, 2016
ISBN/ISSN: 9781498310604/1934-7685 Format: Paper
Stock No: 1BGDEA2016001 Pages: 81
US$18.00 (Academic Rate:
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