State of the Bangladesh Economy in FY2023-24 (First Reading)
Independent Review of
RBD
Bangladesh's Development
Recommendations for the upcoming medium and long term revenue
strategy (MLTRS)
IMF conditionalities concerning public finance relevant for FY2024 (Continued)
Conditionalities
Government to adopt a periodic formula-based price
adjustment mechanism for petroleum products (SB)
By December 2023
MoF develops a policy note to guide decisions on
Comments
The government plans to submit the selected mechanism for
approval before the end of 2023 and implement it by March 2024.
Stakeholder consultation is critically important before adopting the
mechanism. At the same time, an institutional audit of Bangladesh
Petroleum Corporation (BPC) is essential to ensure a fair price
adjustment mechanism.
MoF is currently conducting a census of all bank accounts held by
integrating bank accounts still remaining outside the TSA institutional units of the central government remaining outside the
and on the sequencing of TSA enhancements (SB)
By December 2023
MoF publishes an updated Medium Term Debt
Management Strategy covering FY25-FY27 (SB)
By June 2024
TSA and will develop a policy note to guide decisions on their
integration and sequencing of TSA enhancements.
With technical assistance from the IMF, the government will update
the Medium Term Debt Strategy (MTDS) on an annual basis,
starting with a third MTDS covering FY2025 to FY2027, and
complement it with a quarterly debt bulletin and eventually an
annual borrowing plan.
CPD (2023): State of the Bangladesh Economy in FY2023-24 (First Reading)
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