The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This report assesses the Observance of Standards and Codes on Fiscal Transparency for Bangladesh. Bangladesh has made significant progress in recent years toward addressing longstanding problems of fiscal reporting and meeting basic requirements of fiscal transparency. Measures are in hand to present audited accounts from 2002/3 onward within 12 months of year-end, and monthly reports are being produced about 5-8 weeks after month-end. Much remains to be done to improve data reliability, particularly with respect to reporting of foreign-financed projects, but processes are in place to establish sustainable improvements in accounts reconciliation.