Abstract
IMF Country Report No. 23/410
Copyright Page
IMF Country Report No. 23/410
BANGLADESH
SELECTED ISSUES
December 2023
This Selected Issues paper on Bangladesh was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on November 21, 2023.
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© 2023 International Monetary Fund
Title page
BANGLADESH
SELECTED ISSUES
November 21, 2023
Approved By
Asia and Pacific Department
Prepared by a team led by Rahul Anand and Piyaporn Sodsriwiboon (both APD) with individual chapters authored by Jayendu De (APD), Yaroslav Hul (ICD), Richard Varghese (SPR), Genet Zinabou (FAD), and Saiful Islam (IMF Resident Representative’s Office in Bangladesh). Gulrukh Gamwalla-Khadivi and Ruihua Yang assisted in the preparation of this report
Contents
TAMING INFLATION: POLICY OPTIONS AND TRADE-OFFS
A. Drivers of Inflation in Bangladesh
B. Monetary Policy Options and Tradeoffs
C. Role of Fiscal Policy in Disinflation
D. Modernizing Monetary Policy Framework
References
BANGLADESH: TOWARD GREATER EXCHANGE RATE FLEXIBILITY
A. Recent Pressures in the FX Market
B. Transitioning to a More Flexible Exchange Rate
C. Managing Transition Risks: Some Considerations
D. Conclusions
References
WOMEN’S EMPOWERMENT, GENDER BUDGETING, AND INTERSECTION WITH CLIMATE CHANGE
A. Macro-Criticality of Gender Equality in Bangladesh
B. The State of Gender Equality in Bangladesh
C. The Intersection of Gender and Climate
D. Gender Responsive Budgeting
E. Conclusions
References
FIGURES
1. Gender Progress and Gaps
2. Women’s Economic Empowerment