Third Development Support Credit

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The Development Support Credit (DSC) for Bangladesh is the third in a planned series of programmatic operations that, alongside the IMF-supported Poverty Reduction and Growth Facility (PRGF) program, has supported the implementation of the Government's reform agenda. Governance-related reforms, at the macro and sector levels, are at the heart o f DSC III. DSC III supported reforms have sought to strengthen sectoral governance in banking, health, education, and state own enterprises (SOEs), especially energy; and further strengthen core governance functions, with emphasis on procurement, public financial management, tax administration, public administration, and checks and balances on public entities.