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
The International Monetary Fund (IMF) has further cut Bangladesh’s growth forecast but kept its projection on inflation elevated for the current fiscal year.
Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says
IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion
The index should be updated quarterly, the donor agency said
IMF mission concluded its 15-day visit to Bangladesh today
The IMF staff mission’s meeting yesterday with the banking and financial institutions division appears to have not gone seamlessly.
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.
The formula will be followed from July this year
Financial pressures are adding to strains caused by high interest rates, volatile oil prices and years of double-digit inflation.
The IMF, which has predicted global growth of 2.9 per cent this year, is slated to release new forecasts next month.
The state statistics agency will publish the GDP data from the first quarter of 2024
How much good did the World Bank do in our country?
Improving our revenue generation will require several measures, both technical and non-technical.
Bangladesh has a low risk of external and overall debt distress despite higher external borrowing in recent terms, said the International Monetary Fund.
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).
