The chief adviser takes part in a talk at Chatham House, an independent think-tank based in London,
With the central bank agreeing to go for a flexible exchange rate, the IMF will disburse the fourth and fifth instalments in June this year.
The government has reached a staff-level agreement with the International Monetary Fund for the fourth and fifth tranche of the $4.7 billion loan programme, putting to bed months of uncertainty over their disbursement.
The Spring Meetings indicate that the IMF and World Bank are at a crossroads.
The government and the International Monetary Fund are set to meet again today for another round of negotiations over the release of the fourth and fifth tranches of a $4.7 billion loan programme.
The fourth tranche of the instalment was deferred due to disagreements and now talks are going on to release two tranches at once.
The IMF projected Bangladesh’s GDP growth at 3.76% for FY25
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.
The meeting will be held in February next year
Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis.
There would not be any further negotiations on the $4.5 billion loan programme during International Monetary Fund’s deputy managing director Antoinette Monsio Sayeh’s forthcoming visit to Bangladesh.
International Monetary Fund's (IMF) Deputy Managing Director Antoinette Monsio Sayeh is due in Dhaka on January 14 for a five-day visit, to finalise the agreement for a $4.5 billion loan.
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.
The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months.
After the International Monetary Fund it is now its sister concern World Bank’s turn to negotiate economic reforms with the government for the prospective $2 billion financial support package sought to help the country weather the global economic turmoil.
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.
The government and the IMF team have reached a staff-level agreement to support the authorities’ reform policies under a new 42-month ECF/EFF arrangement of about $3.2 billion, and a concurrent RSF arrangement of about $1.3 billion.
A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.
What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.
