06800oam 22013574 450 991079071600332120230803022747.01-4755-2961-91-4755-3760-31-4755-7550-5(CKB)2550000001180112(EBL)1588609(MiAaPQ)EBC1588609(IMF)1BGDEE2013005(IMF)1BGDEA2013005(EXLCZ)99255000000118011220020129d2013 uf 0engur|n|---|||||txtrdacontentcrdamediacrrdacarrierBangladesh : Staff Report for the 2013 Article IV Consultation and Third Review Under the Extended Credit Facility and Request for Modification of Performance CriteriaWashington, D.C. :International Monetary Fund,2013.1 online resource (124 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4755-7543-2 1-306-28975-0 Cover; CONTENTS; GLOSSARY; CONTEXT; MACROECONOMIC DEVELOPMENTS; BOXES; 1. Achievements Under the ECF-Supported Program at Midpoint; 2. External Sector Assessment; OUTLOOK AND RISKS; 3. Risk Assessment Matrix; 4. Exploring a Tail Risk Event: Trade Shock from the European Union; 5. Spillovers from Recent Developments in India; MACROECONOMIC POLICIES; STRUCTURAL REFORMS; A. Safeguarding Fiscal Sustainability; B. Strengthening the Financial Sector; 6. Main Findings from the Diagnostic Examinations of the State-Owned Commercial Banks; C. Boosting Inclusive Growth; MISCELLANEOUS ISSUESSTAFF APPRAISALTABLES; 1. Millennium Development Goals, 1990-2015; 2. Selected Economic Indicators, FY2011-15; 3. Balance of Payments, FY2011-19; 4. Monetary Accounts, June 2011-December 2014; 5a. Central Government Operations, FY2011-15; 5b. Central Government Operations, GFSM 2001 Classification, FY2011-14; 6. Financial Soundness Indicators of Banks, 2006-13; 7. Near and Medium-Term Outlook, FY2011-19; 8. External Financing Requirements and Sources, FY2011-19; 9. Indicators of the Capacity to Repay the IMF, FY2011-2510. Proposed Schedule of Disbursement and Timing of ECF Arrangement ReviewsFIGURES; 1. Selected Performance Criteria and Indicative Targets; 2. Exports and Remittances; 3. Real and External Sector Developments; 4. Fiscal Developments; 5. Monetary and Financial Market Developments; APPENDICES; I. Letter of Intent; Attachment 1. Memorandum of Economic and Financial Policies; Attachment 2. Technical Memorandum of Understanding; II. On the Road of Inclusive Growth; III. Opportunities and Challenges for the Ready-Made Garment Sector; IV. Assessing Fiscal Risks in Bangladesh; CONTENTSFUND RELATIONSIMF-WORLD BANK COLLABORATION; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUESThis paper discusses Bangladesh’s Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria. Political uncertainty and nationwide strikes are taking a toll on economic activity, with private investment most affected. Real GDP growth moderated in FY2013 (July 2012–June 2013) to 6 percent (FY2012: 6.2 percent). Recent data on private credit and tax collections suggest economic activity continues to slow. The program remains on track. All performance criteria at end-June 2013 were met, and all structural benchmarks have been completed. The IMF staff recommends completion of the review and modification of the performance criteria for December 2013.IMF Staff Country Reports; Country Report ;No. 2013/357Financial management -- Economic aspectsFiscal policyPortfolio managementBanks and BankingimfExports and ImportsimfMacroeconomicsimfMoney and Monetary PolicyimfPublic FinanceimfInternational Lending and Debt ProblemsimfTrade: GeneralimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfDebtimfDebt ManagementimfSovereign DebtimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfNational Government Expenditures and Related Policies: GeneralimfInternational economicsimfPublic finance & taxationimfBankingimfMonetary economicsimfLabourimfincome economicsimfCommercial banksimfExternal debtimfExportsimfPublic and publicly-guaranteed external debtimfPublic debtimfFinancial institutionsimfInternational tradeimfDebts, ExternalimfBanks and bankingimfDebts, PublicimfCreditimfRevenueimfBangladeshimfFinancial management -- Economic aspects.Fiscal policy.Portfolio management.Banks and BankingExports and ImportsMacroeconomicsMoney and Monetary PolicyPublic FinanceInternational Lending and Debt ProblemsTrade: GeneralBanksDepository InstitutionsMicro Finance InstitutionsMortgagesDebtDebt ManagementSovereign DebtMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralNational Government Expenditures and Related Policies: GeneralInternational economicsPublic finance & taxationBankingMonetary economicsLabourincome economicsCommercial banksExternal debtExportsPublic and publicly-guaranteed external debtPublic debtFinancial institutionsInternational tradeDebts, ExternalBanks and bankingDebts, PublicCreditRevenue332.6DcWaIMFBOOK9910790716003321BANGLADESH1200567UNINA