Bangladesh: Staff Report for the 2013 Article IV Consultation and Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria
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Summary:
This paper discusses Bangladesh’s Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria. Political uncertainty and nationwide strikes are taking a toll on economic activity, with private investment most affected. Real GDP growth moderated in FY2013 (July 2012–June 2013) to 6 percent (FY2012: 6.2 percent). Recent data on private credit and tax collections suggest economic activity continues to slow. The program remains on track. All performance criteria at end-June 2013 were met, and all structural benchmarks have been completed. The IMF staff recommends completion of the review and modification of the performance criteria for December 2013.
Series:
Country Report No. 2013/357
Subject:
Commercial banks Exports External debt Financial institutions International trade Public and publicly-guaranteed external debt Public debt
English
Publication Date:
December 5, 2013
ISBN/ISSN:
9781475575439/1934-7685
Stock No:
1BGDEA2013005
Pages:
121
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