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June 20, 2026High-Level Summary Technical Assistance Reports

Bangladesh: Technical Assistance on Developing a Forecasting and Policy Analysis System (FPAS) at the Bangladesh Bank

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Overview

Technical assistance enhances forecasting and policy analysis capabilities at Bangladesh Bank, indicating a move toward modern monetary policy.

Key Points

  • The aim is to enhance the forecasting and policy analysis capabilities of Bangladesh Bank to support informed monetary policy decisions.
  • Developed a Bangladesh-tailored Quarterly Projection Model (QPM) during Phase I (2021-2025)
  • Focused on building staff capacity and creating core analytical tools
  • Solidified technical foundations for monetary policy analysis
  • Successfully laid the groundwork for integrating FPAS into decision-making processes
  • Identified the need to strengthen the Forecasting Team and implement regular forecast cycles
  • Emphasized enhancing model-based narratives in policy communication

Cite This Study

A 2026 study studied this question.

synapsesocial.com/papers/6a362f63db0793dc1a536e49https://doi.org/10.5089/9798229050944.029
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Also Consider

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  5. 5An ARDL Approach to Investigate the Effectiveness of Fiscal and Monetary Policies in Making Bangladesh, A Role Model of Development2024 · 2 citations