IMF
IMF suggests greater flexibility in exchange rate to ease pressure on external account
Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
IMF asks about NPL classification, write-off policies
The IMF mission met with the deputy governors, policy advisor, executive directors and directors in different meetings at the central bank headquarters.
IMF prescribes ending tax exemptions
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
IMF's Gopinath says high U.S. deficits fueling growth, higher interest rates
Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.
IMF chief urges China to boost growth with 'pro-market reforms'
Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth
IMF says it reaches a staff level agreement with Pakistan to disburse $1.1b
Pakistan and the International Monetary Fund on Wednesday reached a staff level agreement which, if approved by its board, will disburse $1.1 billion for the debt-ridden South Asian economy, the global lender said..The funds are the final tranche of a $3 billion last-gasp rescue package Pa
IMF launches leadership search with Georgieva tipped for 2nd term
Georgieva, 70, has run the IMF since 2019, and indicated last week that she would be "honored" to helm the organization once more
Red Sea container shipping down 30% over attacks: IMF
Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Huthi rebels continue
IMF's Georgieva says Americans should 'cheer up' about falling inflation
IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further
Debt burden gets heavier as Bangladesh runs low on capacity to repay
Bangladesh’s debt service to revenue ratio to cross the 100 percent mark for the first time owing to rising loans, lower tax and export receipts
Sri Lanka's second review of $2.9 bln IMF bailout possible in first half of 2024 - official
The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue targets set under the programme, an official said on Wednesday.
IMF upgrades China's 2023, 2024 GDP growth forecasts
The International Monetary Fund on Tuesday upgraded its 2023 gross domestic product growth forecast for China to 5.4 percent from 5 percent, citing a "strong" post-COVID-19 recovery, but said the fund still expected the world's second-biggest economy to slow next year.
Fixing global economic governance
Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
IMF concerned for loss of lives, economic slowdown from Mideast conflict, chief says
The Internatinal Monetary Fund (IMF) is concerned about the tragic loss of lives in the epicenter of the Israel-Gaza war and the destruction and reduction of economic activity, managing director Kristalina Georgieva said at an investment conference on Wednesday.
Why Bangladesh Bank's inflation control policy is falling short
One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.
How stable is the global financial system really?
The global financial system looks stable, because central banks have shifted more and more debt onto their books.
Market-driven exchange rate not before national polls
The exchange rate volatility and its strain on the foreign currency reserves would not disappear anytime soon after Bangladesh Bank Governor Abdur Rouf Talukder yesterday said a floating US dollar rate would not be materalised before the upcoming national election.
IMF defends revising down GDP forecast
International Monetary Fund (IMF) has defended revising down its forecast for Bangladesh’s GDP growth in fiscal year 2023-24, saying it was “pretty reasonable” amidst various ongoing challenges, including elevated inflation.
IMF discusses subsidies with Power Division
A visiting delegation of the International Monetary Fund (IMF) held a meeting with senior Power Division officials yesterday mainly over subsidies, reports UNB.
