IMF loan

No alternative to financial reforms for IMF loan

IMF left Bangladesh without any decision on the release of next tranches of a loan.

IMF to continue talks with Bangladesh for near-term agreement

The global lender said such an agreement would pave the way for completing the combined third and fourth reviews

Raise tax collection, cut budget size

The visiting mission of the International Monetary Fund (IMF) is prioritising four conditions for releasing two instalments of an ongoing $4.7 billion loan programme, according to Finance Adviser Salehuddin Ahmed.

Govt hopeful about receiving two IMF tranches in June

“If the IMF does not release the funds, we will have to boost revenue,” he added

$4.7 billion loan: IMF defers release of 4th tranche

The International Monetary Fund has deferred the release of the fourth tranche of the $4.7 billion loan to June instead of March as Bangladesh could not meet some prior conditions.

2024 the year that was / Has IMF experiment delivered?

Two years after Bangladesh turned to the International Monetary Fund (IMF) for a $4.7 billion bailout to address its worsening macroeconomic pressures, the nation stands at a crossroads.

IMF to give $645m in fourth tranche

The International Monetary Fund will give Bangladesh $645 million in the fourth tranche under the $4.7 billion loan programme, taking the total disbursement to $2.31 billion.

IMF offers extra $1b for reforms

The International Monetary Fund (IMF) has offered an additional $1 billion to Bangladesh but the government is pushing for at least $2 billion to implement the interim government’s reform agenda, narrow the deficit in the current account and shore up the dollar stockpile.

Bangladesh on track for next IMF loans

Bangladesh is on track to meet all 12 conditions set by the International Monetary Fund (IMF) to qualify for the fourth tranche of a $4.7 billion loan programme, only missing the revenue collection target.

September 2, 2024
September 2, 2024

IMF positive about lending additional $3b

The International Monetary Fund (IMF) is positive about lending an additional $3 billion to Bangladesh but the multilateral lender wants to know what reforms the interim government is planning to take.

July 28, 2024
July 28, 2024

Govt may miss IMF’s revenue collection target

Bangladesh is unlikely to fulfil the revenue collection target set by the International Monetary Fund (IMF) as part of its conditions for the fourth tranche of a $4.7 billion loan programme.

June 27, 2024
June 27, 2024

IMF for stronger asset disclosure process for civil servants

The International Monetary Fund has urged Bangladesh to strengthen the asset declaration process for public officials in order to combat high-level corruption effectively.

June 24, 2024
June 24, 2024

Bangladesh gets IMF board approval for $1.12 billion in loans

The funds will be added to the reserves in two days

May 9, 2024
May 9, 2024

Journey to be painful, but necessary

Mansur, a former economist at the International Monetary Fund, said interest rates would rise. This may slow the economy further, but it is necessary to overcome the challenges.

May 9, 2024
May 9, 2024

Market-driven interest rate returns after four years

The central bank took the decision as people have been struggling with the high level of prices for around two years.

May 9, 2024
May 9, 2024

Three difficult choices to heal economy

Bangladesh yesterday made three major decisions to cushion the economy against critical risks such as stubborn inflation and depletion of foreign currency reserves.

May 9, 2024
May 9, 2024

More banking reforms, subsidy cuts prescribed

The International Monetary Fund (IMF) emphasised more reforms in the banking sector and tax collections and reducing subsidies to help the economy turn around.

May 9, 2024
May 9, 2024

IMF eases forex reserves target

Thanks to bold reform measures taken by the authorities, the IMF has drastically slashed the Net International Reserves (NIR) requirement for Bangladesh for the fourth tranche of the $4.7 billion loans.

December 14, 2023
December 14, 2023

IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?

Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves