Bangladesh: Ministry of Finance Macroeconomic Framework Technical Assistance: Scoping Mission Report

The Finance Division (FD) of the MoF has sought Macroeconomic Framework Technical Assistance from ICD and SARTTAC to support them in improving their Medium-term Macroeconomic Framework. A scoping mission was held in Dhaka in January 2023 to diagnose the FD’s current forecasting and policy analysis systems and to agree on a multi-year action plan. The project action plan is centered around the customization of the Macroframework Foundations Tool (MFT), which will support the FD in overcoming significant limitations in their current approach. This note summarizes the main findings and action plan agreed on for the project.