IMF warning puts Bangladesh's fiscal buffers in focus
Bangladesh, Oct. 14 -- Bangladesh's reliance on imported energy, rising debt-servicing costs and limited fiscal room highlight the vulnerabilities that the International Monetary Fund (IMF) says are leaving emerging and frontier economies increasingly exposed to global shocks.
While the Fund's latest "Global Financial Stability Report", released on Tuesday, does not name Bangladesh, its separate assessment of the country points to similar pressures, including electricity subsidies, weak revenue mobilisation and the need to rebuild financial buffers.
"Measures to cushion the energy shock have weighed on fiscal spacnd reserve buffers, leaving less room to manoeuvre if energy price pressures intensify or global financial conditions tighte...
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