International Monetary Fund
‘Even IMF won’t help if reserve falls below $10 billion’
CPD Chairman Prof Rehman Sobhan says
A conservative budget for next fiscal year
Prime Minister Sheikh Hasina has called for a conservative budget for the next fiscal year, discounting the impact of the forthcoming national elections on the pre-budget exercise.
IMF suggests uniform exchange rate of dollar in Bangladesh
A team of staff of the IMF is now visiting Bangladesh
FY24 Budget: Businesses call for gradual retraction of tax exemption
Businesses yesterday urged the government not to withdraw the tax exemption facility from all sectors in one go in the upcoming budget as it would be too big a knock for them to steer.
FY24 Budget: Focus on inflation, macro stability
Economists yesterday stressed on addressing the persistently high inflation, macroeconomic stability and low revenue base in the pre-budget session for the upcoming fiscal year with the finance minister.
Markets have good reasons to be more upbeat on economy: IMF chief
Kristalina Georgieva describes IMF's outlook for 2023 as "less bad, not good"
Bangladesh approached IMF at the right time
Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.
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.
BREAKING / IMF releases $476.27 million as first loan instalment for Bangladesh
The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.
Forex volatility costs large firms Tk 65,000cr
Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday.
Decision on the IMF loan January 30
Bangladesh’s $4.5 billion loan programme with the International Monetary Fund is expected to get the final approval on January 30, said the lender’s visiting top official yesterday.
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.
Interbank lending rate goes past 9% cap for liquidity crunch
Cash-strapped banks are borrowing from cash-rich lenders paying more than 9 per cent in interest rate, which is above a cap set by the central bank, as an unprecedented liquidity crunch has hit the banking sector of Bangladesh.
Forex market continues to stay under pressure
Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.
Islami Bank’s loan scams were not unknown to policymakers
Information about S Alam Group has bought a bank with money from another lender and taken controlling stakes in other banks is surfacing now, but people in the banking sector and involved in economic policy-making knew about the developments, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.
Govt wrests control of energy pricing
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
3 binding conditions for IMF loan
The International Monetary Fund is set to tag three binding conditions and a host of structural reforms for the prospective $4.5 billion loan to Bangladesh, as the Washington-based multilateral lender looks to bring in lasting reforms in the country.
Slowing global economic growth increasingly evident: IMF
Global economic growth prospects are confronting a unique mix of headwinds, including Russia’s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as China’s lockdowns and disruptions in supply chains, according to the International Monetary Fund.
"Bangladesh won't accept IMF loan with hard conditions"
The government will not accept IMF loan with “hard conditions”, Road Transport and Bridges Minister Obaidul Quader said today.
