International Monetary Fund (IMF)

IMF cuts GDP growth forecast for Bangladesh again

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.

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.

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).

January 18, 2023
January 18, 2023

IMF's DMD impressed with Padma bridge

International Monetary Fund’s Deputy Managing Director Antoinette Monsio Sayeh today expressed her happiness for Padma Bridge during a three-hour visit to the project site.

January 18, 2023
January 18, 2023

IMF Loan Programme: Getting Bangladesh ready for LDC graduation

The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.

January 16, 2023
January 16, 2023

Higher-income country by 2041: IMF to support Bangladesh’s aspirations

International Monetary Fund (IMF) has assured of continued support to Bangladesh’s aspirations to become a developed and higher-income country by 2041.

January 15, 2023
January 15, 2023

Bangladesh should continue reforms

Bangladesh should continue with the measures to reform various sectors of the economy, said IMF's Deputy Managing Director Antoinette Monsio Sayeh today.

January 15, 2023
January 15, 2023

IMF DMD praised govt’s measures to tackle economic challenges

International Monetary Fund (IMF) Deputy Managing Director Antoinette Monsio Sayeh today praised the proactive measures taken by the government and the Bangladesh Bank to tackle the economic challenges the country is facing.

January 13, 2023
January 13, 2023

Lanka gets 6 more months to repay BB’s $200m

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. 

January 12, 2023
January 12, 2023

IMF $4.5B Loan: Deputy MD to get a taste of Bangladesh

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.

January 10, 2023
January 10, 2023

$4.5bn loan: IMF official due in Dhaka on Jan 14 to finalise deal

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.

December 31, 2022
December 31, 2022

Time to hit the reset button

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.

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