Bangladesh: 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, February 25, 2010
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- Bangladesh: 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
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Bibliographic details
- Published: February 25, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451804294.002
External position and current account
- Bangladesh’s external position strengthened considerably in FY2009 and the first four months of FY2010.
- Strong remittances, resilient exports, and weak imports caused the current account of the balance of payments to record a surplus of almost 3 percent of GDP in FY2009, up from less than 1 percent of GDP in FY2008.
Growth and inflation outlook
- Amid continued uncertainty about the strength of the global recovery, Bangladesh’s growth momentum is likely to remain somewhat subdued in the near term.
- Inflation seems set to increase.
Subjects and keywords covered
- Subjects: Commercial banks, Credit, External debt, Financial institutions, Inflation, Money, Prices, Public debt
- Keywords: AsDB project, AsDB's financing partner, asset price inflation, Commercial banks, CR, creating flow, Credit, current account, debt, Global, Inflation, ISCR, monetary policy objective, ratio, real GDP, South Asia