Bangladesh: Recent Economic Developments

October 31, 1997

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Bangladesh: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 27, 2024

Summary

This report describes economic developments in Bangladesh during the 1990s. Macroeconomic performance deteriorated beginning in 1994/95. Although production was underpinned by revived private sector activity, particularly in manufacturing, construction and trade, the impact on GDP growth was mitigated by a prolonged drought, which severely depressed agricultural production. The shortfall in food supplies resulted in sharp increases in imports of food grains and in the domestic prices of food. As domestic demand remained strong, inflation picked up and the external current account deficit more than doubled in 1994/95.

Subject: Banking, Budget planning and preparation, Commercial banks, Exports, Financial institutions, Imports, International trade, Public financial management (PFM), Tariffs, Taxes

Keywords: Banking system, BB bill rate, BB rate, Broad money, Budget planning and preparation, Commercial bank, Commercial banks, CR, Current account, Export, Exports, Financing, Imports, ISCR, Rate, Rate of inflation, South Asia, Tariff rate, Tariffs, Treasury bill, U.S. dollar, Western Europe

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/084
Stock No:

1BGDEA0011997
ISBN:

9781451804041
ISSN:

1934-7685

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