Bangladesh Economic Update, April 2011
The outlook for FY2011 has changed since the last macroeconomic update in October 2010.1 While gross development product (GDP) growths is still projected to be around 6.2 percent in FY11, inflationary pressures have strengthened and the external po...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/771981468006879176/Bangladesh-economic-update http://hdl.handle.net/10986/27405 |
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okr-10986-27405 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACCOUNTING ADVANCED ECONOMIES AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR BALANCE OF PAYMENTS BANK LENDING BANK POLICY BANKING SECTOR BANKING SYSTEM BASIS POINTS BENEFICIARIES BROAD MONEY BUDGET DEFICIT BUDGETARY ALLOCATION BUSINESS ASSOCIATIONS CASH RESERVE COMMERCIAL BANKS COMMODITY COMMODITY PRICES CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CORRUPTION CREDIT GROWTH CREDIT SOURCE CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DATES DEMAND FOR FOOD DEVELOPING COUNTRIES DEVELOPING ECONOMIES DOMESTIC MARKET ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC PERFORMANCE EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORT CREDITS EXPORT GROWTH EXPOSURE FAIR FAIR PRICE FINANCIAL ACCOUNT FINANCIAL INSTITUTIONS FISCAL DEFICIT FOOD DISTRIBUTION FOOD FOR WORK FOOD GRAINS FOOD IMPORTS FOOD PRICE FOOD PRICES FOOD RESOURCES FOOD SECURITY FOOD SUBSIDIES FOOD SUBSIDY FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RESERVES FOREIGN INVESTORS FORMAL BANKING FROZEN FOOD GLOBAL ECONOMY GOOD FAITH GRAIN PRODUCTION GROWTH RATE GROWTH RATES HOUSEHOLDS HYPOTHECATIONS INCOME INFLATION INFLATION INDEX INFLATIONARY PRESSURES INFRASTRUCTURE FINANCE INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INSURANCE INTEREST RATE INTEREST RATE CAP INTEREST RATES INTERMEDIATE GOODS INTERNATIONAL MARKETS INVESTMENT CLIMATE ISSUANCE LIQUIDITY LOAN LOCAL MARKET MACROECONOMIC POLICY MERCHANT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MIGRANT LABOR MIGRANT WORKERS MOBILE PHONE MONETARY POLICY MONEY GROWTH MONEY TRANSFER MUTUAL FUND NONPERFORMING LOANS OIL PRICES OPEN MARKET OUTPUT OVERDRAFT OVERDRAFT LOANS PHONE NETWORK PLEDGES POLICY RESPONSE POLICY RESPONSES PRICE INCREASE PRICE INCREASES PRICE TRENDS PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PUBLIC DEBT PUBLIC INVESTMENT PUBLIC STOCK PUBLIC STOCKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST REFUGEE REGULATOR REGULATORS REGULATORY AUTHORITY REMITTANCE REMITTANCES REPAYMENT REPAYMENT PERIOD REPO REPO RATE REPO RATES RESERVE RESERVE REQUIREMENT RESERVES RETAIL RETAIL TRADE SALES SAVINGS SOVEREIGN DEBT STOCK EXCHANGE STOCK INDEX STOCK MARKET STOCK MARKET VOLATILITY STOCK PRICE STOCK TRADING STOCKS STORAGE CAPACITY SUGAR TAX TEA TELECOMMUNICATIONS TRANSPARENCY UNION URBAN AREAS VILLAGE VULNERABLE GROUP WHEAT |
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ACCOUNTING ADVANCED ECONOMIES AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR BALANCE OF PAYMENTS BANK LENDING BANK POLICY BANKING SECTOR BANKING SYSTEM BASIS POINTS BENEFICIARIES BROAD MONEY BUDGET DEFICIT BUDGETARY ALLOCATION BUSINESS ASSOCIATIONS CASH RESERVE COMMERCIAL BANKS COMMODITY COMMODITY PRICES CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CORRUPTION CREDIT GROWTH CREDIT SOURCE CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DATES DEMAND FOR FOOD DEVELOPING COUNTRIES DEVELOPING ECONOMIES DOMESTIC MARKET ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC PERFORMANCE EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORT CREDITS EXPORT GROWTH EXPOSURE FAIR FAIR PRICE FINANCIAL ACCOUNT FINANCIAL INSTITUTIONS FISCAL DEFICIT FOOD DISTRIBUTION FOOD FOR WORK FOOD GRAINS FOOD IMPORTS FOOD PRICE FOOD PRICES FOOD RESOURCES FOOD SECURITY FOOD SUBSIDIES FOOD SUBSIDY FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RESERVES FOREIGN INVESTORS FORMAL BANKING FROZEN FOOD GLOBAL ECONOMY GOOD FAITH GRAIN PRODUCTION GROWTH RATE GROWTH RATES HOUSEHOLDS HYPOTHECATIONS INCOME INFLATION INFLATION INDEX INFLATIONARY PRESSURES INFRASTRUCTURE FINANCE INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INSURANCE INTEREST RATE INTEREST RATE CAP INTEREST RATES INTERMEDIATE GOODS INTERNATIONAL MARKETS INVESTMENT CLIMATE ISSUANCE LIQUIDITY LOAN LOCAL MARKET MACROECONOMIC POLICY MERCHANT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MIGRANT LABOR MIGRANT WORKERS MOBILE PHONE MONETARY POLICY MONEY GROWTH MONEY TRANSFER MUTUAL FUND NONPERFORMING LOANS OIL PRICES OPEN MARKET OUTPUT OVERDRAFT OVERDRAFT LOANS PHONE NETWORK PLEDGES POLICY RESPONSE POLICY RESPONSES PRICE INCREASE PRICE INCREASES PRICE TRENDS PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PUBLIC DEBT PUBLIC INVESTMENT PUBLIC STOCK PUBLIC STOCKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST REFUGEE REGULATOR REGULATORS REGULATORY AUTHORITY REMITTANCE REMITTANCES REPAYMENT REPAYMENT PERIOD REPO REPO RATE REPO RATES RESERVE RESERVE REQUIREMENT RESERVES RETAIL RETAIL TRADE SALES SAVINGS SOVEREIGN DEBT STOCK EXCHANGE STOCK INDEX STOCK MARKET STOCK MARKET VOLATILITY STOCK PRICE STOCK TRADING STOCKS STORAGE CAPACITY SUGAR TAX TEA TELECOMMUNICATIONS TRANSPARENCY UNION URBAN AREAS VILLAGE VULNERABLE GROUP WHEAT World Bank Bangladesh Economic Update, April 2011 |
| geographic_facet |
South Asia Bangladesh |
| description |
The outlook for FY2011 has changed since
the last macroeconomic update in October 2010.1 While gross
development product (GDP) growths is still projected to be
around 6.2 percent in FY11, inflationary pressures have
strengthened and the external position has weakened. Rising
energy and food subsidies are placing a strain on the
budget, but higher-than-anticipated revenues and
lower-than-budgeted Annual Development Program expenditures
leave sufficient fiscal space for the government to react to
these pressures. Progress on reforms is mixed, with advances
made on Value Added Tax reforms, efforts to tighten
liquidity and setting up a framework for public-private
partnership projects. Developments on telecommunication
policy, the Anticorruption Commission, and policy responses
to stock market volatility are a cause for concern. The
growth outlook for FY12 remains good but there are risks
that need to be contained. Short-term risks include rising
food and fuel prices, deteriorating remittances, an
increased reserve drawdown, a growing quasi-fiscal deficit,
stock market volatility and its potential impact on the
banking sector. Long-term risks include the inability to
sufficiently alleviate power shortages, raise public
investment, and remove bottlenecks for private investment. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bangladesh Economic Update, April 2011 |
| title_short |
Bangladesh Economic Update, April 2011 |
| title_full |
Bangladesh Economic Update, April 2011 |
| title_fullStr |
Bangladesh Economic Update, April 2011 |
| title_full_unstemmed |
Bangladesh Economic Update, April 2011 |
| title_sort |
bangladesh economic update, april 2011 |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/771981468006879176/Bangladesh-economic-update http://hdl.handle.net/10986/27405 |
| _version_ |
1764464311019765760 |
| spelling |
okr-10986-274052021-04-23T14:04:42Z Bangladesh Economic Update, April 2011 World Bank ACCOUNTING ADVANCED ECONOMIES AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR BALANCE OF PAYMENTS BANK LENDING BANK POLICY BANKING SECTOR BANKING SYSTEM BASIS POINTS BENEFICIARIES BROAD MONEY BUDGET DEFICIT BUDGETARY ALLOCATION BUSINESS ASSOCIATIONS CASH RESERVE COMMERCIAL BANKS COMMODITY COMMODITY PRICES CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CORRUPTION CREDIT GROWTH CREDIT SOURCE CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DATES DEMAND FOR FOOD DEVELOPING COUNTRIES DEVELOPING ECONOMIES DOMESTIC MARKET ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC PERFORMANCE EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORT CREDITS EXPORT GROWTH EXPOSURE FAIR FAIR PRICE FINANCIAL ACCOUNT FINANCIAL INSTITUTIONS FISCAL DEFICIT FOOD DISTRIBUTION FOOD FOR WORK FOOD GRAINS FOOD IMPORTS FOOD PRICE FOOD PRICES FOOD RESOURCES FOOD SECURITY FOOD SUBSIDIES FOOD SUBSIDY FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RESERVES FOREIGN INVESTORS FORMAL BANKING FROZEN FOOD GLOBAL ECONOMY GOOD FAITH GRAIN PRODUCTION GROWTH RATE GROWTH RATES HOUSEHOLDS HYPOTHECATIONS INCOME INFLATION INFLATION INDEX INFLATIONARY PRESSURES INFRASTRUCTURE FINANCE INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INSURANCE INTEREST RATE INTEREST RATE CAP INTEREST RATES INTERMEDIATE GOODS INTERNATIONAL MARKETS INVESTMENT CLIMATE ISSUANCE LIQUIDITY LOAN LOCAL MARKET MACROECONOMIC POLICY MERCHANT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MIGRANT LABOR MIGRANT WORKERS MOBILE PHONE MONETARY POLICY MONEY GROWTH MONEY TRANSFER MUTUAL FUND NONPERFORMING LOANS OIL PRICES OPEN MARKET OUTPUT OVERDRAFT OVERDRAFT LOANS PHONE NETWORK PLEDGES POLICY RESPONSE POLICY RESPONSES PRICE INCREASE PRICE INCREASES PRICE TRENDS PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PUBLIC DEBT PUBLIC INVESTMENT PUBLIC STOCK PUBLIC STOCKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST REFUGEE REGULATOR REGULATORS REGULATORY AUTHORITY REMITTANCE REMITTANCES REPAYMENT REPAYMENT PERIOD REPO REPO RATE REPO RATES RESERVE RESERVE REQUIREMENT RESERVES RETAIL RETAIL TRADE SALES SAVINGS SOVEREIGN DEBT STOCK EXCHANGE STOCK INDEX STOCK MARKET STOCK MARKET VOLATILITY STOCK PRICE STOCK TRADING STOCKS STORAGE CAPACITY SUGAR TAX TEA TELECOMMUNICATIONS TRANSPARENCY UNION URBAN AREAS VILLAGE VULNERABLE GROUP WHEAT The outlook for FY2011 has changed since the last macroeconomic update in October 2010.1 While gross development product (GDP) growths is still projected to be around 6.2 percent in FY11, inflationary pressures have strengthened and the external position has weakened. Rising energy and food subsidies are placing a strain on the budget, but higher-than-anticipated revenues and lower-than-budgeted Annual Development Program expenditures leave sufficient fiscal space for the government to react to these pressures. Progress on reforms is mixed, with advances made on Value Added Tax reforms, efforts to tighten liquidity and setting up a framework for public-private partnership projects. Developments on telecommunication policy, the Anticorruption Commission, and policy responses to stock market volatility are a cause for concern. The growth outlook for FY12 remains good but there are risks that need to be contained. Short-term risks include rising food and fuel prices, deteriorating remittances, an increased reserve drawdown, a growing quasi-fiscal deficit, stock market volatility and its potential impact on the banking sector. Long-term risks include the inability to sufficiently alleviate power shortages, raise public investment, and remove bottlenecks for private investment. 2017-06-27T21:00:16Z 2017-06-27T21:00:16Z 2011-04 Report http://documents.worldbank.org/curated/en/771981468006879176/Bangladesh-economic-update http://hdl.handle.net/10986/27405 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work South Asia Bangladesh |