Bangladesh, Oct. 13 -- he International Monetary Fund (IMF) has warned that eroding foreign exchange reserves, shrinking fiscal buffers and opaque borrowing arrangements are leaving some emerging and frontier economies more vulnerable to global shocks.

The warning carries implications for Bangladesh as it faces pressure from energy costs and external financing needs, although the IMF's Global Financial Stability Report, released on Tuesday, does not mention Bangladesh by name or provide a country-specific assessment.

The report says measures taken by emerging and frontier economies to cushion the energy shock have weakened their capacity to absorb further external pressures.

"Measures to cushion the energy shock have weighed on fiscal...