The index should be updated quarterly, the donor agency said
IMF mission concluded its 15-day visit to Bangladesh today
The Washington-based lender said the economy would grow by 5.7 percent in 2023-24, lower than the 6 percent forecast in October. The gross domestic product (GDP) projection was 6.5 percent initially.
The International Monetary Fund has suggested the National Board of Revenue (NBR) restructure the personal income tax slabs and increase the tax-free income limit to Tk 5 lakh from the existing Tk 3.5 lakh.
A tax policy mission of the International Monetary Fund (IMF) yesterday began to work with the National Board of Revenue (NBR) to train taxmen to assess tax expenditures so that the government can eliminate less effective tax exemptions, broaden the tax base and increase revenue collection.
The International Monetary Fund (IMF) said that the latest monetary policy adopted by the Bangladesh Bank would help to curb inflation, but added that further measures would be needed to make it durable.
Bangladesh might have experienced capital flight in the last financial year evidenced from the unusual outflow of funds as well as unrealised export proceeds, said the International Monetary Fund (IMF).
A board meeting of IMF isto be held today, where about $681 million in a second loan tranche is expected to be approved for Bangladesh
An IMF team meets BSEC officials today
Bangladesh is going to be the part of a joint initiative to establish a regional body in South Asia to enhance skills and capacity development of public sector officials and bankers.
The International Monetary Fund downgrades its forecast for global economic growth, expecting economic activity to increase 3.4% this year followed by 3.6% in 2017.
IMF chief Christine Lagarde is to stand trial in France for alleged negligence over a €400m (£291m; $434m) payment to a businessman in 2008, local media say.
Pressure from the IMF suggests that, with time China will indeed move towards a more open capital market. But that creates other challenges for Asia's largest economy.