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International Monetary Fund. Asia and Pacific Dept

-term growth to 7-8 percent a year hinges on higher investment rates, including additional public investment financed from increased tax revenues. The SFYP emphasizes raising growth and employment as the primary means for reducing poverty by 10 percentage points by the end of the plan period. In staffs’ view, the SFYP poverty target of 22 percent by 2015 is consistent with the SFYP growth target of 8 percent given the success the Government has had in reducing the poverty rate to 31.5 percent from 49 percent between 2000 and 2010. However, staffs find both targets to be

International Monetary Fund. Asia and Pacific Dept
Executive Directors commend Bangladesh in addressing the major challenges to growth and poverty reduction. The strategy is comprehensive and confronts the key issues impeding sustainable development and inclusive growth in Bangladesh. Implementing sound macro-financial policies, intensifying revenue mobilization, improving the business environment, ensuring trade liberalization, and improving governance and accountability are top priorities. Actions should be sequenced according to these priorities. Severe external shocks could reignite macroeconomic pressures and undermine socioeconomic targets.
International Monetary Fund. Asia and Pacific Dept