Bangladesh has committed to a sweeping overhaul of its troubled financial sector, outlining a detailed three-year roadmap as part of its latest agreement with the International Monetary Fund.
Bangladesh is currently going through a transition towards a fully flexible exchange rate regime, and the process may take time, said the International Monetary Fund (IMF).
The July uprising of 2024 paved the way for reimagining Bangladesh’s economic future.
The National Board of Revenue (NBR) has set a target to raise Bangladesh’s tax-to-GDP ratio to 10.5 percent by the fiscal year 2034-35, as part of its newly formulated 10-year revenue strategy, according to official documents.
Many participants in the Spring Meetings had a sense that Trump's admin was still conflicted in its demands from trading partners
Worldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite
The time is right for Bangladesh to move towards a more flexible exchange rate regime, said Chris Papageorgiou, mission chief of the International Monetary Fund (IMF) to Bangladesh.
IMF presents target, revises GDP growth to 4%
The International Monetary Fund's move to disburse the fourth and fifth tranches of a $4.7 billion loan together was a mutual decision, the finance ministry said in a press release yesterday.
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.
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
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
Georgieva, 70, has run the IMF since 2019, and indicated last week that she would be "honored" to helm the organization once more
Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Huthi rebels continue
IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further
The pass-through of a sharp depreciation of the local currency accounted for half of the inflation surge seen in Bangladesh in the last financial year, according to the International Monetary Fund (IMF)
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
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.
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.
