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.
Time to hit the reset button
This year was always supposed to be a celebration of Bangladesh’s economic progress with the opening of Padma bridge and Dhaka metro rail and 100 percent electrification.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
3 binding conditions for IMF loan
The International Monetary Fund is set to tag three binding conditions and a host of structural reforms for the prospective $4.5 billion loan to Bangladesh, as the Washington-based multilateral lender looks to bring in lasting reforms in the country.
Reforms proposed by IMF have been planned by the govt before
Time has come to make good on those plans.
Nov 14 Morning: WB loan, T-20 final, Dengue, Banks and Chonpara drug trade
Good morning. If you’re traveling on buses from Mirpur, you might be relieved to know that the much-awaited e-ticketing service was launched earlier this week. Here are five other stories to start your day up-to-date.
After IMF, it’s now WB’s turn to negotiate loan package
Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.
What does the IMF loan mean for Bangladesh?
This fiscal year alone, the Bangladesh Bank has supplied more than $4.5 billion to the market to support the exchange rate, while the import bill averages $6 billion a month.
IMF’s $4.5b loan coming
The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.
IMF calls for tariff rationalisation
International Monetary Fund (IMF) has advised the government to rationalise the existing tariff structure by reducing various types of para and non-tariff barriers to improve competitiveness of domestic industries.
Economic and political reforms must go hand in hand
All our institutions are crumbling because of politicisation, inefficiencies, and corruption.