Bangladesh: Staff Report for the 2005 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion, Extension of the Arrangement, and Rephasing
July 22, 2005
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This 2005 Article IV Consultation highlights that since the last Article IV Consultation, Bangladesh’s economy has continued to expand, supported by a stable macroeconomic environment and progress in implementing structural reforms, broadly in line with the recommendations made by the IMF Executive Board. Good progress has been made in strengthening the banking system. Bangladesh Bank has raised minimum capital requirements, taken steps to reduce insider lending, and improved the institutional framework for the prudential supervision of the financial system.
Subject: Banking, Central banks, Credit, Currency markets, Economic sectors, Energy sector, Financial markets, Imports, International reserves, International trade, Money
Keywords: budget, CR, Credit, Currency markets, Energy sector, exchange market condition, exchange market pressure, Global, Imports, International reserves, ISCR, PRGF arrangement, PRGF loan, reform effort
Pages:
92
Volume:
2005
DOI:
Issue:
241
Series:
Country Report No. 2005/241
Stock No:
1BGDEA2005001
ISBN:
9781451979916
ISSN:
1934-7685
