Bangladesh: Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria

Publication Date:

June 2, 2014

Electronic Access:

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Summary:

This paper discusses Bangladesh’s Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria (PC). All PCs at end-December 2013 (the test date for the fourth review) were met, and all structural benchmarks have been completed. Fiscal and monetary policies are set to retain a prudent stance to safeguard macroeconomic stability. Based on strong program performance to date and the policy framework going forward, the IMF staff recommends completion of the review, as well as modification of PCs for end-June 2014 on account of reserve over-performance.

Series:

Country Report No. 2014/149

Subject:

English

Publication Date:

June 2, 2014

ISBN/ISSN:

9781498387965/1934-7685

Stock No:

1BGDEA2014001

Pages:

76

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