## IMF Staff Concludes Visit to Bangladesh

_IMF News, May 7, 2023_

## Source details

**Canonical URL:** [IMF Staff Concludes Visit to Bangladesh](https://www.imf.org/en/news/articles/2023/05/06/pr23137-imf-staff-concludes-visit-to-bangladesh)

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## Bibliographic details
- Published: May 7, 2023

---

### Mission overview
- Press Release No. 23/137
- Mission Chief: Mr. Rahul Anand
- Location and dates: Dhaka, Bangladesh; staff visit from April 25 to May 7, 2023
- Purpose: to discuss recent macroeconomic developments and implementation of the Fund-supported program
- Note: End-of-Mission press releases convey preliminary findings after a visit to a country; views expressed are those of IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.

### Key findings from the staff visit
- Bangladesh remains one of the fastest growing economies in the Asia-Pacific region.
- The economy faces:
  - persistent inflationary pressures,
  - elevated volatility of global financial conditions,
  - slowdown in major advanced trading partners.
- These factors continue to weigh on:
  - growth,
  - foreign currency reserves,
  - the Taka.

### Program implementation and next steps
- The team took stock of progress toward meeting key commitments under the Fund-supported program.
- Formal assessment will occur in the first review of the Extended Credit Facility (ECF) / Extended Fund Facility (EFF) / Resilience and Sustainability Facility (RSF) arrangements, which is expected to be undertaken later this year.

### Engagements and stakeholders met
- Meetings held with:
  - Bangladesh Bank Governor Mr. Abdur Rouf Talukder,
  - Finance Secretary Ms. Fatima Yasmin,
  - other senior government and Bangladesh Bank officials,
  - representatives from the private sector, bilateral donors, and development partners.

### Communications and contact
- IMF Communications Department — MEDIA RELATIONS
- PRESS OFFICER: Huong Lan Vu
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- IMF social handle: @IMFSpokesperson

### Closing remarks from Mission Chief
- “We would like to thank the authorities for candid discussions and their warm hospitality. We look forward to continuing our engagement in support of Bangladesh and its people.”

*IMF Staff Concludes Visit to Bangladesh — Press Release No. 23/137*

---


## References

- [Bangladesh and the IMF](http://www.imf.org/external/country/BGD/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [Fund-supported program](https://www.imf.org/en/Publications/CR/Issues/2023/02/02/Bangladesh-Requests-for-an-Arrangement-Under-the-Extended-Fund-Facility-Request-for-528951)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2023/05/06/pr23137-imf-staff-concludes-visit-to-bangladesh_