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.
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.
Requesting IMF loan doesn’t mean anything is wrong with economy: Finance Minister
Confirming Bangladesh’s request for a loan from International Monetary Fund (IMF) Finance Minister AHM Mustafa Kamal has said that it does not mean the country's economy is in bad shape.
Largest loan from IMF on the cards
The International Monetary Fund is expecting a formal request for a loan from Bangladesh soon to provide a buffer to the delicate foreign currency reserves amid global economic volatility even though the government remains in two minds about it.
BGMEA seeks IMF’s cooperation to reach $100 billion export target
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the International Monetary Fund (IMF) to achieve the $100 billion garment export target by 2030.
IMF enquires about Bangladesh’s preparation for LDC graduation
A delegation of the International Monetary Fund (IMF) wanted to know how prepared Bangladesh is for the country’s graduation to a developing nation in 2026.
Pakistan's GDP growth will slow down to 5%
Pakistan GDP growth will slow to 5% for the upcoming fiscal year beginning on July 1, from 5.9% in the outgoing year, following budgetary tightening aimed at winning International Monetary Fund (IMF) support, the government said on Saturday.
‘Bangladesh facing biggest macroeconomic challenge in a decade’
The country is facing the biggest macroeconomic challenge in the last one decade, said Selim Raihan, executive director of the South Asian Network on Economic Modeling (Sanem).
World Bank to provide Sri Lanka $600 million aid
The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president's media division said in a statement on Tuesday.
Reducing banking sector vulnerabilities should get priority attention: IMF
Resolutely addressing the high level of non-performing loans in the banking sector in Bangladesh is essential to address financial stability risks and associated fiscal risks, the International Monetary Fund (IMF) says.
Gita Gopinath new IMF chief economist
International Monetary Fund (IMF) has appointed Gita Gopinath as Economic Counsellor and Director of the IMF’s Research Department, according to a press release.
