The International Monetary Fund (IMF) mission and the Bangladesh authorities have reached staff-level agreement on the policies needed to complete in the first review for $681 million in the second instalment of its $4.7-billion loan.
The International Monetary Fund (IMF) may approve $681 million in the second instalment of its $4.7-billion loan on December 11, the Bangladesh Bank said today..After a meeting with a mission of the lender, BB Executive Director and Spokesperson Md Mezbaul Haque said the two sides have rea
Bangladesh Bank today explained to the International Monetary Fund (IMF) the reasons behind the failure to meet the target on foreign currency reserves, one of the six conditions set by the global lender for its $4.7 billion loan programme.
The key question, however, remains: to what extent have our current economic challenges been addressed by the new budget? It hasn't done proper justice to answer this question.
The main focus of the FY24 budget must be on economic stabilisation.
So who determines what is ‘required’ to ensure that welfare?
Bangladesh’s preparation for LDC graduation would start in earnest with the International Monetary Fund’s 42-month loan programme, where one of the objectives is to overhaul the monetary and exchange rate policies to meet the needs of an open economy.
The International Monetary Fund would be watching the Bangladesh economy like a hawk, stipulating an extensive list of data reporting regularly as part of the conditions agreed upon for the $4.7 billion loan programme.