Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update

Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update

This debt sustainability analysis (DSA) fully updates the May 2017 joint IMF/WB DSA. Bangladesh’s risks of external debt distress and overall debt distress continue to be assessed as low. The FY17 fiscal deficit remains well below the 5 percent of...

Full description

Bibliographic Details
Main Authors: International Development Association, International Monetary Fund
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
PUBLIC SECTOR DEBT
EXTERNAL DEBT
DEBT SERVICE
DEBT SUSTAINABILITY
GRACE AND MATURITY PERIOD
PUBLIC DEBT
INTEREST RATE
CURRENT ACCOUNT DEFICIT
Online Access:http://documents.worldbank.org/curated/en/930921539630112023/Bangladesh-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update
http://hdl.handle.net/10986/30905
id okr-10986-30905
recordtype oai_dc
spelling okr-10986-309052021-05-25T09:19:34Z Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update International Development Association International Monetary Fund PUBLIC SECTOR DEBT EXTERNAL DEBT DEBT SERVICE DEBT SUSTAINABILITY GRACE AND MATURITY PERIOD PUBLIC DEBT INTEREST RATE CURRENT ACCOUNT DEFICIT This debt sustainability analysis (DSA) fully updates the May 2017 joint IMF/WB DSA. Bangladesh’s risks of external debt distress and overall debt distress continue to be assessed as low. The FY17 fiscal deficit remains well below the 5 percent of GDP budget target. Spending control and slower implementation of development projects more than compensated for revenue underperformance. The issuance of National Savings Certificates (NSCs) remains high. Over the medium term, debt ratios are projected to remain on a sustainable path, assuming continued spending restraint, with the deficit used to finance productive investment. Boosting budget revenue is key to creating fiscal space for diversification and growth. The authorities are delaying the implementation of the VAT reform further by two years. Any additional costs from spending pressures ahead of the parliamentary elections and from the Rohingya refugees remain key risks. 2018-11-28T15:05:40Z 2018-11-28T15:05:40Z 2018-10-01 Report http://documents.worldbank.org/curated/en/930921539630112023/Bangladesh-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update http://hdl.handle.net/10986/30905 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Debt and Creditworthiness Study South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PUBLIC SECTOR DEBT
EXTERNAL DEBT
DEBT SERVICE
DEBT SUSTAINABILITY
GRACE AND MATURITY PERIOD
PUBLIC DEBT
INTEREST RATE
CURRENT ACCOUNT DEFICIT
spellingShingle PUBLIC SECTOR DEBT
EXTERNAL DEBT
DEBT SERVICE
DEBT SUSTAINABILITY
GRACE AND MATURITY PERIOD
PUBLIC DEBT
INTEREST RATE
CURRENT ACCOUNT DEFICIT
International Development Association
International Monetary Fund
Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
geographic_facet South Asia
Bangladesh
description This debt sustainability analysis (DSA) fully updates the May 2017 joint IMF/WB DSA. Bangladesh’s risks of external debt distress and overall debt distress continue to be assessed as low. The FY17 fiscal deficit remains well below the 5 percent of GDP budget target. Spending control and slower implementation of development projects more than compensated for revenue underperformance. The issuance of National Savings Certificates (NSCs) remains high. Over the medium term, debt ratios are projected to remain on a sustainable path, assuming continued spending restraint, with the deficit used to finance productive investment. Boosting budget revenue is key to creating fiscal space for diversification and growth. The authorities are delaying the implementation of the VAT reform further by two years. Any additional costs from spending pressures ahead of the parliamentary elections and from the Rohingya refugees remain key risks.
format Report
author International Development Association
International Monetary Fund
author_facet International Development Association
International Monetary Fund
author_sort International Development Association
title Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
title_short Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
title_full Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
title_fullStr Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
title_full_unstemmed Bangladesh : Joint Bank-Fund Debt Sustainability Analysis, 2018 Update
title_sort bangladesh : joint bank-fund debt sustainability analysis, 2018 update
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/930921539630112023/Bangladesh-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update
http://hdl.handle.net/10986/30905
_version_ 1764473038636580864

Similar Items