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Bangladesh: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 057
Language:
English
Publication Date:
16 Feb 2006
DOI:
https://doi.org/10.5089/9781451804201.002
ISBN:
9781451804201
ISSN:
1934-7685
Pages:
68
Keywords:
ISCR; CR; World Bank executive board; expenditure data; statement; financing data; PRGF arrangement; authorities' monetary policy framework; Oil prices; Poverty reduction strategy; International reserves; Exports; Inflation; Global
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This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for Bangladesh. Several quantitative and structural performance criteria have been missed for the fourth PRGF review. The nonobservance of these performance criteria largely reflects delays in securing the disbursement of external program assistance and difficulties in achieving the necessary internal consensus for advancing key structural reforms. In view of the remedial measures implemented by the authorities, IMF staff supports the requests for waiver of performance criteria.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund