IMF

IMF endorses Japan's commitment to flexible yen

IMF said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability

IMF prescription to raise energy prices is anti-people, illogical

The IMF prescription for the public means increased gas, electricity and transport prices, and so on.

Prioritise sustainable revenue generation, IMF tells Dhaka

IMF mission concluded its 15-day visit to Bangladesh today

Bangladesh to loosen interest rate on IMF prescription

However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.

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

October 21, 2023
October 21, 2023

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.

October 19, 2023
October 19, 2023

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.

October 14, 2023
October 14, 2023

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.

October 13, 2023
October 13, 2023

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.

October 12, 2023
October 12, 2023

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.

October 11, 2023
October 11, 2023

Life after #GotaGoHome

Among four South Asian nations, Sri Lanka performed the best in containing high inflation.

October 10, 2023
October 10, 2023

IMF cuts Bangladesh’s economic growth forecast to 6%  

The International Monetary Fund (IMF) has revised down growth forecast for Bangladesh’s economy to 6 percent for the fiscal year 2023-24, lower from its previous projection of 6.5 percent.

August 9, 2023
August 9, 2023

IMF’s $4.7b loan: Two of 6 major conditions missed

Bangladesh has failed to meet two of the six quantitative targets set for the first half of 2023 by the International Monetary Fund for the $4.7 billion loan, with one of them being a mandatory condition.

July 1, 2023
July 1, 2023

Pakistan clinches last-gasp $3 billion IMF bailout

Pakistan secured a badly-needed $3 billion short-term financial package from the International Monetary Fund on Friday, giving the South Asian economy a much-awaited respite as it teeters on the brink of default.

May 15, 2023
May 15, 2023

What Bangladesh's new budget should offer to common people

The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.

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