Cover IMF Staff Country Reports
Bangladesh: Request for a Three-Year Arrangement Under the Extended Credit Facility
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 094
Language:
English
Publication Date:
16 Apr 2012
DOI:
https://doi.org/10.5089/9781475503074.002
ISBN:
9781475503074
ISSN:
1934-7685
Pages:
83
Keywords:
ISCR; CR; asset; tariff increase; staff appraisal; ECF arrangement; preliminary data; budget performance; Commercial banks; Credit; Imports; Global
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The government of the People’s Republic of Bangladesh has requested a three-year Extended Credit Facility (ECF) arrangement with access of 120 percent of quota in support of their reform program. It aims to restore macroeconomic stability, strengthen the external position, and engender higher, more inclusive growth. Under the ECF-supported program, the main components are upfront macro-tightening measures buttressed by greater exchange and interest rate flexibility.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2012: Issue 094