Bangladesh: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh
Electronic Access:
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Summary:
Since independence, Bangladesh has achieved impressive economic growth and social development, making steady progress in reducing poverty and significant improvements in living standards. The COVID-19 pandemic interrupted this long period of robust economic performance, deepening some earlier vulnerabilities. Stagnating job growth, rising inequality, and slowing poverty reduction remain challenges. Revenues are low, and financial sector vulnerabilities continue to be high. Substantial productive investment in infrastructure, human capital, and climate resilience is needed to achieve the authorities’ aspiration to reach the upper-middle income status in 2031.
Series:
Country Report No. 2022/071
Subject:
Commercial banks COVID-19 Credit External debt Financial institutions Health International organization Monetary policy Money Public debt
Frequency:
regular
English
Publication Date:
March 7, 2022
ISBN/ISSN:
9798400201943/1934-7685
Stock No:
1BGDEA2022001
Pages:
107
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