Bangladesh Development Update, April 2014

Bangladesh moved closer to achieving the sixth five year plan target of reducing extreme poverty to 22.5 percent by 2015 as it sustained healthy gross domestic product (GDP) growth and moderate single digit inflation in FY2014. However, growth this...

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Bibliographic Details
Main Author: World Bank
Format: Economic Updates and Modeling
Language:English
en_US
Published: Washington, DC 2014
Subjects:
NPL
TAX
Online Access:http://documents.worldbank.org/curated/en/2014/04/19356506/bangladesh-development-update
http://hdl.handle.net/10986/17787
id okr-10986-17787
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
AGGREGATE DEMAND
ASSET RATIO
BALANCE OF PAYMENTS
BANK ACCOUNTS
BANK BORROWING
BANKING ASSETS
BANKING SECTOR
BANKING SYSTEM
BROAD MONEY
BROKERAGE
BROKERAGE HOUSES
BUDGET DEFICIT
BUSINESS BORROWERS
CAPACITY CONSTRAINTS
CAPITAL ACCOUNT
CAPITAL ACCOUNTS
CAPITAL ACCUMULATION
CAPITAL GOODS
CAPITAL GOODS IMPORTS
CAPITAL MARKET
CENTRAL BANK
COLLATERALS
COMMERCIAL BANKS
COMMODITY PRICES
COMPETITIVE MARKET
CONSUMER CONFIDENCE
CONSUMER GOODS
CONSUMPTION DEMAND
CONSUMPTION EXPENDITURES
CREDIT ENHANCEMENT
CREDIT GROWTH
CREDIT INCREASE
CREDIT SQUEEZE
CREDIT-WORTHINESS
CROP VALUE
CURRENCY
CURRENT ACCOUNT
CURRENT ACCOUNT SURPLUS
DEBT
DEBT SERVICE
DEFAULT RISK
DEMAND FOR CREDIT
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DISBURSEMENT
DISPOSABLE INCOME
DOMESTIC CREDIT
DOMESTIC DEMAND
DURABLE
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
EXCESS LIQUIDITY
EXCESS SUPPLY
EXCHANGE COMMISSION
EXCHANGE RATE
EXCHANGE RATE STABILITY
EXPENDITURE
EXPORT COMPETITIVENESS
EXPORT GROWTH
EXPORT PERFORMANCE
EXPORTERS
EXTERNAL BALANCE
EXTERNAL BALANCES
EXTERNAL BORROWING
EXTERNAL DEBT
FINANCIAL HEALTH
FINANCIAL MARKET
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FISCAL BURDEN
FISCAL DEFICIT
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSET
FOREIGN ASSETS
FOREIGN CAPITAL
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FOREIGN EXCHANGE RESERVES
FOREIGN FINANCING
FOREIGN INVESTORS
GLOBAL TRADE
GOVERNMENT BANK
GOVERNMENT BORROWING
GOVERNMENT BUDGET
GOVERNMENT POLICIES
GOVERNMENT SPENDING
GROWTH PERFORMANCE
GROWTH RATE
GROWTH RATES
HOLDING
HUMAN CAPITAL
IMBALANCE
IMPORT
IMPORT GROWTH
IMPORTS
INCOME TAX
INFLATION
INFLATION RATE
INFLATIONARY PRESSURES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTEREST EXPENDITURE
INTEREST INCOME
INTEREST RATE
INTEREST RATES
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL MARKET
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INVENTORIES
INVESTING
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT DEMAND
INVESTMENT REGULATIONS
INVESTMENT RISK
INVESTMENT SPENDING
LABOR STANDARDS
LENDERS
LIQUIDITY PROBLEM
LOAN
LOCAL MARKET
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET CAPITALIZATION
MARKET DISCIPLINE
MARKET PARTICIPANTS
MARKET PRICE
MARKET SHARE
MARKET STRUCTURE
MARKET TURNOVER
MARKET VALUE
MATURITY
MONETARY AGGREGATES
MONETARY POLICY
MONETARY PROGRAM
MONETARY RESTRAINT
MONEY MARKET
NATIONAL SAVING
NATIONAL SAVINGS
NOMINAL EXCHANGE RATE
NON-PERFORMING LOAN
NONPERFORMING LOANS
NPL
OPPORTUNITY COST
OUTSTANDING STOCK
OVERDUE LOANS
POLITICAL CLIMATE
POLITICAL STABILITY
POLITICAL TURMOIL
POLITICAL UNCERTAINTIES
POLITICAL UNCERTAINTY
POTENTIAL INVESTORS
POVERTY REDUCTION
PRICE INCREASES
PRICE STABILITY
PRIVATE CONSUMPTION
PRIVATE CREDIT
PRIVATE CREDIT GROWTH
PRIVATE INVESTMENT
PRIVATE INVESTMENTS
PRIVATE INVESTORS
PRIVATE SECTOR BANKS
PRIVATE SECTOR CREDIT
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC SECTOR BANKS
RATE OF GROWTH
RATE OF RETURN
REAL EXCHANGE RATE
REAL WAGE GROWTH
RECURRENT EXPENDITURES
REGULATORY FRAMEWORK
REMITTANCE
REMITTANCES
REPAYMENTS
RESERVE
RESERVE MONEY
RESERVE REQUIREMENT
RETAIL PRICE
RETAIL PRICES
RETURN ON ASSET
RETURNS
RISK MANAGEMENT
SAFETY NETS
SAVINGS CERTIFICATES
SECURITIES
SETTLEMENT
SHAREHOLDERS
SHORTFALL
SHORTFALLS
SLACK
SLOWDOWN
SOVEREIGN RATING
STOCK EXCHANGES
STOCK MARKET
STRUCTURAL REFORM
STRUCTURAL REFORMS
SUPPLY CAPACITY
SUPPLY DISRUPTIONS
SUPPLY SHOCK
TAX
TAX COLLECTION
TELECOMMUNICATIONS
TERRORISM
TOTAL EXPORTS
TRADE CREDIT
TRADING
TRANSPARENCY
TRUST FUND
WEAK DEMAND
WORKING CAPITAL
spellingShingle ACCOUNTING
AGGREGATE DEMAND
ASSET RATIO
BALANCE OF PAYMENTS
BANK ACCOUNTS
BANK BORROWING
BANKING ASSETS
BANKING SECTOR
BANKING SYSTEM
BROAD MONEY
BROKERAGE
BROKERAGE HOUSES
BUDGET DEFICIT
BUSINESS BORROWERS
CAPACITY CONSTRAINTS
CAPITAL ACCOUNT
CAPITAL ACCOUNTS
CAPITAL ACCUMULATION
CAPITAL GOODS
CAPITAL GOODS IMPORTS
CAPITAL MARKET
CENTRAL BANK
COLLATERALS
COMMERCIAL BANKS
COMMODITY PRICES
COMPETITIVE MARKET
CONSUMER CONFIDENCE
CONSUMER GOODS
CONSUMPTION DEMAND
CONSUMPTION EXPENDITURES
CREDIT ENHANCEMENT
CREDIT GROWTH
CREDIT INCREASE
CREDIT SQUEEZE
CREDIT-WORTHINESS
CROP VALUE
CURRENCY
CURRENT ACCOUNT
CURRENT ACCOUNT SURPLUS
DEBT
DEBT SERVICE
DEFAULT RISK
DEMAND FOR CREDIT
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DISBURSEMENT
DISPOSABLE INCOME
DOMESTIC CREDIT
DOMESTIC DEMAND
DURABLE
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
EXCESS LIQUIDITY
EXCESS SUPPLY
EXCHANGE COMMISSION
EXCHANGE RATE
EXCHANGE RATE STABILITY
EXPENDITURE
EXPORT COMPETITIVENESS
EXPORT GROWTH
EXPORT PERFORMANCE
EXPORTERS
EXTERNAL BALANCE
EXTERNAL BALANCES
EXTERNAL BORROWING
EXTERNAL DEBT
FINANCIAL HEALTH
FINANCIAL MARKET
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FISCAL BURDEN
FISCAL DEFICIT
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSET
FOREIGN ASSETS
FOREIGN CAPITAL
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FOREIGN EXCHANGE RESERVES
FOREIGN FINANCING
FOREIGN INVESTORS
GLOBAL TRADE
GOVERNMENT BANK
GOVERNMENT BORROWING
GOVERNMENT BUDGET
GOVERNMENT POLICIES
GOVERNMENT SPENDING
GROWTH PERFORMANCE
GROWTH RATE
GROWTH RATES
HOLDING
HUMAN CAPITAL
IMBALANCE
IMPORT
IMPORT GROWTH
IMPORTS
INCOME TAX
INFLATION
INFLATION RATE
INFLATIONARY PRESSURES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTEREST EXPENDITURE
INTEREST INCOME
INTEREST RATE
INTEREST RATES
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL MARKET
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INVENTORIES
INVESTING
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT DEMAND
INVESTMENT REGULATIONS
INVESTMENT RISK
INVESTMENT SPENDING
LABOR STANDARDS
LENDERS
LIQUIDITY PROBLEM
LOAN
LOCAL MARKET
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET CAPITALIZATION
MARKET DISCIPLINE
MARKET PARTICIPANTS
MARKET PRICE
MARKET SHARE
MARKET STRUCTURE
MARKET TURNOVER
MARKET VALUE
MATURITY
MONETARY AGGREGATES
MONETARY POLICY
MONETARY PROGRAM
MONETARY RESTRAINT
MONEY MARKET
NATIONAL SAVING
NATIONAL SAVINGS
NOMINAL EXCHANGE RATE
NON-PERFORMING LOAN
NONPERFORMING LOANS
NPL
OPPORTUNITY COST
OUTSTANDING STOCK
OVERDUE LOANS
POLITICAL CLIMATE
POLITICAL STABILITY
POLITICAL TURMOIL
POLITICAL UNCERTAINTIES
POLITICAL UNCERTAINTY
POTENTIAL INVESTORS
POVERTY REDUCTION
PRICE INCREASES
PRICE STABILITY
PRIVATE CONSUMPTION
PRIVATE CREDIT
PRIVATE CREDIT GROWTH
PRIVATE INVESTMENT
PRIVATE INVESTMENTS
PRIVATE INVESTORS
PRIVATE SECTOR BANKS
PRIVATE SECTOR CREDIT
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC SECTOR BANKS
RATE OF GROWTH
RATE OF RETURN
REAL EXCHANGE RATE
REAL WAGE GROWTH
RECURRENT EXPENDITURES
REGULATORY FRAMEWORK
REMITTANCE
REMITTANCES
REPAYMENTS
RESERVE
RESERVE MONEY
RESERVE REQUIREMENT
RETAIL PRICE
RETAIL PRICES
RETURN ON ASSET
RETURNS
RISK MANAGEMENT
SAFETY NETS
SAVINGS CERTIFICATES
SECURITIES
SETTLEMENT
SHAREHOLDERS
SHORTFALL
SHORTFALLS
SLACK
SLOWDOWN
SOVEREIGN RATING
STOCK EXCHANGES
STOCK MARKET
STRUCTURAL REFORM
STRUCTURAL REFORMS
SUPPLY CAPACITY
SUPPLY DISRUPTIONS
SUPPLY SHOCK
TAX
TAX COLLECTION
TELECOMMUNICATIONS
TERRORISM
TOTAL EXPORTS
TRADE CREDIT
TRADING
TRANSPARENCY
TRUST FUND
WEAK DEMAND
WORKING CAPITAL
World Bank
Bangladesh Development Update, April 2014
geographic_facet South Asia
Bangladesh
description Bangladesh moved closer to achieving the sixth five year plan target of reducing extreme poverty to 22.5 percent by 2015 as it sustained healthy gross domestic product (GDP) growth and moderate single digit inflation in FY2014. However, growth this year slowed relative to last year with declining remittances and losses due to political turmoil. Sound macroeconomic management kept inflation in check, although it increased somewhat due to the one-off effects of supply disruptions and wage increases. Official foreign exchange reserves increased to an adequate level as Bangladesh Bank intervened to keep the exchange rate stable. Weak demand for credit reduced interest rates. Monetary policy remained prudent while fiscal management challenged by shortfall in tax revenue, demand for support from sectors adversely affected by the political turmoil, and under-utilization of development budget. The fund's extended credit facility (ECF) is on track. Immediate challenges are to boost investments in power and roads; manage the transition in readymade garments; and stem the decline in remittances.
format Economic & Sector Work :: Economic Updates and Modeling
author World Bank
author_facet World Bank
author_sort World Bank
title Bangladesh Development Update, April 2014
title_short Bangladesh Development Update, April 2014
title_full Bangladesh Development Update, April 2014
title_fullStr Bangladesh Development Update, April 2014
title_full_unstemmed Bangladesh Development Update, April 2014
title_sort bangladesh development update, april 2014
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/04/19356506/bangladesh-development-update
http://hdl.handle.net/10986/17787
_version_ 1764438511183724544
spelling okr-10986-177872021-04-23T14:03:40Z Bangladesh Development Update, April 2014 World Bank ACCOUNTING AGGREGATE DEMAND ASSET RATIO BALANCE OF PAYMENTS BANK ACCOUNTS BANK BORROWING BANKING ASSETS BANKING SECTOR BANKING SYSTEM BROAD MONEY BROKERAGE BROKERAGE HOUSES BUDGET DEFICIT BUSINESS BORROWERS CAPACITY CONSTRAINTS CAPITAL ACCOUNT CAPITAL ACCOUNTS CAPITAL ACCUMULATION CAPITAL GOODS CAPITAL GOODS IMPORTS CAPITAL MARKET CENTRAL BANK COLLATERALS COMMERCIAL BANKS COMMODITY PRICES COMPETITIVE MARKET CONSUMER CONFIDENCE CONSUMER GOODS CONSUMPTION DEMAND CONSUMPTION EXPENDITURES CREDIT ENHANCEMENT CREDIT GROWTH CREDIT INCREASE CREDIT SQUEEZE CREDIT-WORTHINESS CROP VALUE CURRENCY CURRENT ACCOUNT CURRENT ACCOUNT SURPLUS DEBT DEBT SERVICE DEFAULT RISK DEMAND FOR CREDIT DEPOSIT DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DISBURSEMENT DISPOSABLE INCOME DOMESTIC CREDIT DOMESTIC DEMAND DURABLE ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EXCESS LIQUIDITY EXCESS SUPPLY EXCHANGE COMMISSION EXCHANGE RATE EXCHANGE RATE STABILITY EXPENDITURE EXPORT COMPETITIVENESS EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXTERNAL BALANCE EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL DEBT FINANCIAL HEALTH FINANCIAL MARKET FINANCIAL SUPPORT FINANCIAL SYSTEM FISCAL BURDEN FISCAL DEFICIT FISCAL POLICY FOOD PRICE FOOD PRICES FOREIGN ASSET FOREIGN ASSETS FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FOREIGN INVESTORS GLOBAL TRADE GOVERNMENT BANK GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT POLICIES GOVERNMENT SPENDING GROWTH PERFORMANCE GROWTH RATE GROWTH RATES HOLDING HUMAN CAPITAL IMBALANCE IMPORT IMPORT GROWTH IMPORTS INCOME TAX INFLATION INFLATION RATE INFLATIONARY PRESSURES INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITY INTEREST EXPENDITURE INTEREST INCOME INTEREST RATE INTEREST RATES INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL MARKET INTERNATIONAL STANDARD INTERNATIONAL TRADE INVENTORIES INVESTING INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT DEMAND INVESTMENT REGULATIONS INVESTMENT RISK INVESTMENT SPENDING LABOR STANDARDS LENDERS LIQUIDITY PROBLEM LOAN LOCAL MARKET MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILITY MARKET CAPITALIZATION MARKET DISCIPLINE MARKET PARTICIPANTS MARKET PRICE MARKET SHARE MARKET STRUCTURE MARKET TURNOVER MARKET VALUE MATURITY MONETARY AGGREGATES MONETARY POLICY MONETARY PROGRAM MONETARY RESTRAINT MONEY MARKET NATIONAL SAVING NATIONAL SAVINGS NOMINAL EXCHANGE RATE NON-PERFORMING LOAN NONPERFORMING LOANS NPL OPPORTUNITY COST OUTSTANDING STOCK OVERDUE LOANS POLITICAL CLIMATE POLITICAL STABILITY POLITICAL TURMOIL POLITICAL UNCERTAINTIES POLITICAL UNCERTAINTY POTENTIAL INVESTORS POVERTY REDUCTION PRICE INCREASES PRICE STABILITY PRIVATE CONSUMPTION PRIVATE CREDIT PRIVATE CREDIT GROWTH PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE INVESTORS PRIVATE SECTOR BANKS PRIVATE SECTOR CREDIT PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC INVESTMENT PUBLIC SECTOR BANKS RATE OF GROWTH RATE OF RETURN REAL EXCHANGE RATE REAL WAGE GROWTH RECURRENT EXPENDITURES REGULATORY FRAMEWORK REMITTANCE REMITTANCES REPAYMENTS RESERVE RESERVE MONEY RESERVE REQUIREMENT RETAIL PRICE RETAIL PRICES RETURN ON ASSET RETURNS RISK MANAGEMENT SAFETY NETS SAVINGS CERTIFICATES SECURITIES SETTLEMENT SHAREHOLDERS SHORTFALL SHORTFALLS SLACK SLOWDOWN SOVEREIGN RATING STOCK EXCHANGES STOCK MARKET STRUCTURAL REFORM STRUCTURAL REFORMS SUPPLY CAPACITY SUPPLY DISRUPTIONS SUPPLY SHOCK TAX TAX COLLECTION TELECOMMUNICATIONS TERRORISM TOTAL EXPORTS TRADE CREDIT TRADING TRANSPARENCY TRUST FUND WEAK DEMAND WORKING CAPITAL Bangladesh moved closer to achieving the sixth five year plan target of reducing extreme poverty to 22.5 percent by 2015 as it sustained healthy gross domestic product (GDP) growth and moderate single digit inflation in FY2014. However, growth this year slowed relative to last year with declining remittances and losses due to political turmoil. Sound macroeconomic management kept inflation in check, although it increased somewhat due to the one-off effects of supply disruptions and wage increases. Official foreign exchange reserves increased to an adequate level as Bangladesh Bank intervened to keep the exchange rate stable. Weak demand for credit reduced interest rates. Monetary policy remained prudent while fiscal management challenged by shortfall in tax revenue, demand for support from sectors adversely affected by the political turmoil, and under-utilization of development budget. The fund's extended credit facility (ECF) is on track. Immediate challenges are to boost investments in power and roads; manage the transition in readymade garments; and stem the decline in remittances. 2014-04-15T18:16:14Z 2014-04-15T18:16:14Z 2014-04-01 http://documents.worldbank.org/curated/en/2014/04/19356506/bangladesh-development-update http://hdl.handle.net/10986/17787 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Economic Updates and Modeling South Asia Bangladesh