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.  

November 12, 2022
November 12, 2022

Now $2b loan talks with WB begin

After the International Monetary Fund it is now its sister concern World Bank’s turn to negotiate economic reforms with the government for the prospective $2 billion financial support package sought to help the country weather the global economic turmoil.

November 10, 2022
November 10, 2022

IMF’s $4.5b loan coming

The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.

November 9, 2022
November 9, 2022

IMF approves $4.5b loan for Bangladesh

The government and the IMF team have reached a staff-level agreement to support the authorities’ reform policies under a new 42-month ECF/EFF arrangement of about $3.2 billion, and a concurrent RSF arrangement of about $1.3 billion.

November 7, 2022
November 7, 2022

IMF didn’t raise floor price issue in today’s meeting: BSEC

A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.

November 3, 2022
November 3, 2022

What the IMF said, our economists have said before

What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.

October 31, 2022
October 31, 2022

Rein in tax exemptions

Known knowns -- is what best sums up the prognosis of the visiting International Monetary Fund mission so far as it looks to thrash out the conditions for the prospective $4.5 billion loan.

August 17, 2022
August 17, 2022

Bangladesh not in crisis: IMF

Talks for the support package from the International Monetary Fund are likely to begin after the third week of October, said the Washington-based multilateral lender yesterday.

August 6, 2022
August 6, 2022

Raising fuel prices to appease IMF is anti-people: Jatri Kalyan Samity

Bangladesh Jatri Kalyan Samity has demanded the government immediately repeal its decision of hiking fuel prices to ease the already-existing sufferings of the people created by the price hikes of essentials.

August 4, 2022
August 4, 2022

Why is Bangladesh seeking IMF support in the first place?

As Bangladesh, facing an unprecedented economic crisis, has entered a negotiation with the IMF for a USD 4.5 billion loan package, a few discussions have ensued in the country.

August 4, 2022
August 4, 2022

IMF stands ready to help Bangladesh

The International Monetary Fund yesterday conveyed its interest to support Bangladesh with its request for loan to prop up its strained foreign currency reserves.

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