Bangladesh - Fourth Development Support Credit : supplemental financing document
Staschen, Stefan | Latortue, Alexia | Perrett, Graham | Mommartz, Rochus | Duflos, Eric
Policy and institutional reforms in Bangladesh have been supported by the Bank through a series of budget support operations, known as Development Support Credits (DSCs). As part o f this series, four credits have been provided to Bangladesh since 2003; the last credit, the Fourth Development Support Credit (DSC IV), was approved by the Board in May 2007. These credits have supported Bangladesh's reform efforts to (a) strengthen core governance functions with emphasis on reforms in public procurement, budget formulation and execution, tax administration, and public administration; and (b) improve the investment climate by maintaining macroeconomic stability, deepening domestic deregulation and trade liberalization, and strengthening performance of the banking and energy sectors and of state-owned enterprises. The proposed Supplemental Financing envisages reducing the pressure on the government's FYO8 budget arising from the unforeseen flood related spending, which in turn will allow it to continue moving forward on the policy and institutional reform agenda supported by DSCs.
اظهر المزيد [+] اقل [-]الكلمات المفتاحية الخاصة بالمكنز الزراعي (أجروفوك)
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