Statement by the IMF Staff Representative

International Monetary Fund

doi:10.5089/9781451804065.002.A003

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Bangladesh : Staff Report for the 2001 Article IV Consultation

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Volume/Issue:: 2002/113
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: June 2002
DOI:: http://dx.doi.org/10.5089/9781451804065.002
ISBN:: 9781451804065
ISSN:: 1934-7685
Page:: 62

This 2001 Article IV Consultation highlights that Bangladesh's economy became progressively more fragile after the mid-1990s owing to a persistent pursuit of expansionary fiscal and monetary policies along with slow progress on needed structural reforms, especially in the banking and state-owned enterprises (SOEs) sectors. Rising credit demands of the government, the SOEs, and the private sector were readily accommodated by monetary policy. These growing domestic imbalances were reflected in pressures in the foreign exchange market and by a marked decline in international reserves.

Bangladesh: 2001 Article IV Consultation--Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bangladesh

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Statement by the IMF Staff Representative

Author(s):: International Monetary Fund
Published Date:: June 2002

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Bangladesh : Staff Report for the 2001 Article IV Consultation

Statement by the IMF Staff Representative

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