Bangladesh Needs Financial Reforms

Bangladesh needs to reform its financial sector through upgrading macroeconomic policy-making practices and institutions including modernizing the financial and tax system so that the country can leap to the next stage of development, said the International Monetary Fund, BDNews24 reported. “Maintaining the economy’s past growth performance will become increasingly challenging over the medium term, and will require upgrading the macroeconomic policy-making practices and institutions to support the country’s ambition to reach middle-income status,” IMF mission chief Brian Aitken said at a press conference at Bangladesh Bank headquarters.