IMF loan
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.
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.
IMF Loan Talks: Here's how we need to prepare
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
Price hike: Don’t worry, be happy – no matter what
If things are bad, there must be a good reason for it.
A black day in the history of fuel prices
Record price hikes mark an anti-people policy shift
Government’s decision to hike fuel prices will hurt every section of society
The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.
Taking loans v tackling laundering: Which serves our long-term interests best?
Fighting tax evasion, preventing trade-based illicit financial outflows and ending the culture of money laundering and loan defaults is a much more sustainable solution to adding to foreign exchange reserves than taking foreign loans on interest.
Bangladesh should prioritise own interest before taking loan
Bangladesh has to prioritise its own interest while taking loan from the development partners, said Mushtaq Khan, professor of Economics at School of Oriental and African Studies, University of London.
Largest loan from IMF on the cards
The International Monetary Fund is expecting a formal request for a loan from Bangladesh soon to provide a buffer to the delicate foreign currency reserves amid global economic volatility even though the government remains in two minds about it.