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.

May 17, 2023
May 17, 2023

We must curb rising inequality

Reforms following the IMF prescription should not harm disadvantaged groups

May 14, 2023
May 14, 2023

Meeting the conditions for the IMF Loan

As is well-known, credit from the IMF comes with strings attached, and the latest one is no exception.

May 7, 2023
May 7, 2023

BB to set policies for market-based interest rates

The central bank took the decision to comply with IMF's loan conditions

April 26, 2023
April 26, 2023

IMF loan conditions: Another power price hike likely by June

There is likely to be yet another increase in electricity tariff by June as the government looks to shed its subsidy burden in line with the demands of the International Monetary Fund.

April 2, 2023
April 2, 2023

Bloomberg’s praise of PM’s timely steps

Economic uncertainty will keep us on our toes

April 2, 2023
April 2, 2023

IMF’s loan conditions: Tax collection target for June may be missed

The government is on track to meeting the International Monetary Fund’s tax collection target for March but may miss the mark in June.

March 23, 2023
March 23, 2023

How far can the IMF loan promote clean energy?

A set of parallel initiatives need to be undertaken targeting the structural weaknesses of the gas sector and power sector development to ensure energy transition.

March 19, 2023
March 19, 2023

Budget FY 23-24: IMF conditions, inflation, polls 3 key issues

Three issues would be dictating the upcoming fiscal year’s budget, the last of the Awami League government’s present five-year term: the International Monetary Fund’s conditions, the persistently high inflation and next year’s national election.

February 20, 2023
February 20, 2023

IMF getting BB ready for post-LDC world

Bangladesh’s preparation for LDC graduation would start in earnest with the International Monetary Fund’s 42-month loan programme, where one of the objectives is to overhaul the monetary and exchange rate policies to meet the needs of an open economy.

February 19, 2023
February 19, 2023

IMF watching economy like a hawk

The International Monetary Fund would be watching the Bangladesh economy like a hawk, stipulating an extensive list of data reporting regularly as part of the conditions agreed upon for the $4.7 billion loan programme.