Second Capital Market Development Program

Date: November 2012
Country:
Subject:
Document Type: Reports and Recommendations of the President
Project Number: 43477-013

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Description

This report and recommendation of the president for the proposed proposed policy-based loans to the People’s Republic of Bangladesh for the Second Capital Market Development Program describes the terms and conditions for the approval of ADB's Management or Board of Directors. 

The program’s impact will be a well-functioning financial system that supports basic capital and investment needs, as well as Bangladesh’s longer-term economic objectives. The program’s outcome will be a deeper and more stable capital market.

The report also describes proposed administration of technical assistance (TA) to be provided by the Japan Fund for Poverty Reduction for Enhancing Efficiency of the Capital Market. The attached TA will provide crucial resources to support the implementation of key reform actions under the program.