IMF loan
IMF reaffirms support in fighting economic challenges
The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
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.
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.
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.
Bangladesh gets IMF board approval for $1.12 billion in loans
The funds will be added to the reserves in two days
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.
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.
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.
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.
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
IMF recommends calibrated monetary tightening, exchange rate flexibility
The International Monetary Fund (IMF) has advised Bangladesh to continue to focus on containing inflation and rebuilding external resilience.
IMF approves $681m in 2nd tranche of loan for Bangladesh
The IMF board yesterday approved the second instalment of $681 million for Bangladesh, putting to bed the uncertainty surrounding the tranche given that the country failed to meet two of the conditions needed for its release
IMF to discuss Bangladesh's 2nd loan tranche today
A board meeting of IMF isto be held today, where about $681 million in a second loan tranche is expected to be approved for Bangladesh
2nd parcel of IMF loans: All eyes on Dec 12 meeting
Bangladesh's proposal to get the second tranche of the International Monetary Fund's $4.7 billion loan has been placed for approval at the multilateral lender's board meeting slated for next week.
Tax collection falls short of IMF loan condition
government falls Tk 17,946 crore short of the revenue last fiscal year as one of IMF's $4.7 billion loan conditions
Lending, exchange rates still not market-driven: IMF
Bangladesh Bank introduced a new formula in June to determine the lending interest rate and brought about a single exchange rate recently but both are yet to be determined by the open market, the International Monetary Fund (IMF) has said.
BB explains reasons behind failure to meet reserve target
Bangladesh Bank today explained to the International Monetary Fund (IMF) the reasons behind the failure to meet the target on foreign currency reserves, one of the six conditions set by the global lender for its $4.7 billion loan programme.
Will it do more harm than good?
It seems there exists a nexus among the policymakers, bank directors, and defaulters which facilitates the process of swindling depositors’ money.
Reining in inflation top priority
The government is going to unveil a Tk 7,61,785 crore budget for the next fiscal year on Thursday, setting containment of high inflation as a major target.