IMF’s Loan and its Implications on Bangladesh Economy
Bangladesh Economic Update, March 2011
Bangladesh is negotiating a credit deal with the International Monetary Fund (IMF) equivalent to USD one billion under its Extended Credit Facilities (ECF) program for three years. The ECF would replace the Poverty Reduction and Growth Facility (PRGF) under which medium term financial support is provided to countries with persistent balance of payments problems. The replacement of ECF hardly changed any substantive policies, terms and maturity date as those were under the PRGF.
Food Prices and Inflation Trajectory
Bangladesh Economic Update, January - February 2011
Bangladesh has been experiencing a rising trend of food inflation in recent months at the backdrop of global hike of food grain prices. The food price rises created a range of macro-vulnerabilities in the country. One aspect is the impact on domestic food inflation and overall inflation. This rising food inflation has a severe impact over the marginalized people. The causes and consequences of recent food inflation is analysed below.
Education, Health and Poverty: A Reality Check
Bangladesh Economic Update, December 2010
The current issue of the Economic Update focuses on health, education and poverty. The Update makes a reality check of the current states of the targets set out in Vision-2021.
The projections provided in this Update suggest that, the country is on the track to achieve some of the Vision-2021 targets within the time limit, but many of these may remain far behind from expected levels. It will be difficult to reach the targets unless efforts are accelerated. Lack of the choice of creative strategies, departing from the orthodoxy, suiting to the context and the capacity to deliver are the major obstacles to the development of the country, as well as is responsible for not achieving ...
GDP, Capital Investment and Remittance
Bangladesh Economic Update, November 2010
Bangladesh may face difficulty in achieving the Medium Term Macro-economic Framework (MTMF) targeted growth rate due to investment shortage and increasing savings-investment gap. Increase in remittance and decrease in domestic productivity resulting into the rise in inflation which is another obstacle en route to achieving the targeted growth of GDP. That is why, the fifth issue of Unnayan Onneshan Economic Update focuses on these three important variables. These are analysed through impact of export and remittance vis-a-vis the targeted GDP growth, inflation and capital investment in Bangladesh.
