International Monetary Fund (IMF)

IMF suggests raising tax-free income limit to Tk 5 lakh

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.

IMF team to help NBR assess tax expenditures

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.

More steps needed to contain inflation durably: IMF official

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.

IMF flags potential exodus of funds from Bangladesh

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).

IMF to discuss Bangladesh's 2nd loan tranche today

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

IMF wants to know why stock turnover fell

An IMF team meets BSEC officials today

IMF inquires about discrepancy in RMG export proceeds

A visiting International Monetary Fund (IMF) delegation yesterday sought to know from garment manufacturers why some exports from Bangladesh over the past 10 to 15 years did not see the subsequent return of proceeds.

Forex reserves slip further

Bangladesh’s foreign currency reserves have slipped further as per the definition of the International Monetary Fund’s (IMF) balance of payments and investment position manual.

Higher growth not possible without healthy forex reserve

No significant economic growth is possible in Bangladesh without a satisfactory level of foreign exchange reserves, said Syed Ershad Ahmed, president the American Chamber of Commerce in Bangladesh (AmCham), yesterday.  

April 27, 2023
April 27, 2023

Visiting IMF Staff Mission: Banking division disappoints

The IMF staff mission’s meeting yesterday with the banking and financial institutions division appears to have not gone seamlessly.

April 26, 2023
April 26, 2023

IMF loan conditions: Another power price hike likely by June

There is likely to be yet another increase in electricity tariff by June as the government looks to shed its subsidy burden in line with the demands of the International Monetary Fund.

April 25, 2023
April 25, 2023

BB to follow IMF's formula to calculate net forex reserve

The formula will be followed from July this year

April 16, 2023
April 16, 2023

IMF sees high rates, oil prices and inflation worries in Middle East

Financial pressures are adding to strains caused by high interest rates, volatile oil prices and years of double-digit inflation.

March 26, 2023
March 26, 2023

IMF says risks to financial stability have increased, calls for vigilance

The IMF, which has predicted global growth of 2.9 per cent this year, is slated to release new forecasts next month.

February 27, 2023
February 27, 2023

BBS to publish quarterly GDP data from 2024

The state statistics agency will publish the GDP data from the first quarter of 2024

February 15, 2023
February 15, 2023

What 50 years of World Bank partnership meant for us

How much good did the World Bank do in our country?

February 6, 2023
February 6, 2023

For a better fiscal space, we need efficient tax system

Improving our revenue generation will require several measures, both technical and non-technical.

February 6, 2023
February 6, 2023

No chance of debt distress

Bangladesh has a low risk of external and overall debt distress despite higher external borrowing in recent terms, said the International Monetary Fund.

January 31, 2023
January 31, 2023

Bangladesh’s forex reserves to hit 4-year low in FY23: IMF

Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).

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