Bangladesh: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh

March 7, 2022

Preview Citation

Format: Chicago

Bangladesh: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh, (USA: International Monetary Fund, 2022) accessed October 6, 2024

Summary

Since independence, Bangladesh has achieved impressive economic growth and social development, making steady progress in reducing poverty and significant improvements in living standards. The COVID-19 pandemic interrupted this long period of robust economic performance, deepening some earlier vulnerabilities. Stagnating job growth, rising inequality, and slowing poverty reduction remain challenges. Revenues are low, and financial sector vulnerabilities continue to be high. Substantial productive investment in infrastructure, human capital, and climate resilience is needed to achieve the authorities’ aspiration to reach the upper-middle income status in 2031.

Subject: Commercial banks, COVID-19, Credit, External debt, Financial institutions, Health, International organization, Monetary policy, Money, Public debt

Keywords: Bangladesh export, Bangladeshi authorities, Commercial banks, COVID-19, Credit, Data dissemination standard, Financial asset, Global, Government finance statistics manual, Headline CPI inflation, State-Owned Commercial Banks

Publication Details

Pages:

107
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/071
Stock No:

1BGDEA2022001
ISBN:

9798400201943
ISSN:

1934-7685

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