Increases in pay scales will need to be phased in to make the fiscal burden manageable, IMF said in Bangladesh -- 2008 Article IV Consultation: Concluding Statement.
The IMF's Article IV Consultation, received here on Friday, made the suggestion following the Bangladeshi government's recent announcement that it would form a national pay commission soon for increasing the wages of the public sector employees.
Inflation is likely to return to double digits in July and remain there throughout the 2008-09 fiscal year (from July 2008 to June 2009) because of high credit growth and government spending, emerging wage pressures, soaring international commodity prices, said the IMF.
