IMF charts ways to discipline money market, boost revenue
IMF has set six new benchmark conditions for Bangladesh to restore discipline in the money market and boost revenue generation.
18 December 2023, 00:10 AM
50 tasks in 3 years to stabilise economy
The government has pledged to take more than 50 reform measures in three years under the International Monetary Fund’s loan programme to rebuild foreign currency reserves and contain inflation
17 December 2023, 00:00 AM
IMF lowers forex reserves target for Bangladesh
The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
15 December 2023, 18:00 PM
No waiver needed for govt for 2nd IMF loan tranche
The IMF executive board may approve the waiver if it is satisfied that its programme will still succeed
15 December 2023, 00:00 AM
IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?
Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves
14 December 2023, 00:10 AM
Reserves can hit $24.3b this fiscal year
Bangladesh’s gross foreign reserves can top up to $24.3 billion by the end of the fiscal year if greater exchange rate flexibility is allowed and a tighter monetary policy is pursued, the IMF said.
13 December 2023, 18:00 PM
A $12 billion question hangs over export data mismatch
In 2022-23, the mismatch between the actual realisation reported by BB and EPB shipment figure was $12.08 billion, the highest in at least eight years
12 December 2023, 00:30 AM
Bangladesh must let forex and interest rates move freely
a flexible, market-determined exchange rate to contain volatility in the foreign exchange market and restore stability to the economy
10 December 2023, 00:10 AM
Fighting Climate Change: Bangladesh to get $400m loan from ADB
Asian Development Bank has approved a $400 million loan for Bangladesh to help fight climate change challenges.
8 December 2023, 18:00 PM
Low revenue forces govt to scale back spending
government plans to cut the size of the budget for the ongoing fiscal year and keep it slimmer in the next fiscal year
8 December 2023, 00:10 AM
Reserves remain under pressure
Pressure on the foreign exchange reserves remains high as the deficit in the financial account continues to widen despite the narrowing trade gap and a current account surplus.
6 December 2023, 18:00 PM
Govt likely to retreat from its quest for higher growth
government is likely to lower its economic growth target by one percentage point for the fiscal year ending in June
6 December 2023, 00:15 AM
Over $1bn in loans expected next week
Bangladesh is expected to receive more than $1 billion in budget support from the Asian Development Bank (ADB) and the International Monetary Fund (IMF) next week, which could bring some relief to the nation’s dwindling foreign currency reserves.
4 December 2023, 18:01 PM
Inflation fell slightly last month
Inflation decelerated by 44 basis points to 9.49 percent in November led by a decline in both food and non-food prices.
4 December 2023, 18:00 PM
2nd parcel of IMF loans: All eyes on Dec 12 meeting
Bangladesh's proposal to get the second tranche of the International Monetary Fund's $4.7 billion loan has been placed for approval at the multilateral lender's board meeting slated for next week.
4 December 2023, 01:00 AM
Lenders join hands over $8b climate fund for Bangladesh
In a first in Asia, development partners have come together to announce an $8 billion fund to help Bangladesh mitigate and adapt to the effects of climate change.
3 December 2023, 18:00 PM
Food welfare expands as election looms
Data from the food ministry showed that 12.92 lakh tonnes of rice and wheat were distributed under various schemes
3 December 2023, 00:30 AM
Tax collection falls short of IMF loan condition
government falls Tk 17,946 crore short of the revenue last fiscal year as one of IMF's $4.7 billion loan conditions
29 November 2023, 23:04 PM
BBS, BMET data shows stark contrast
Bangladeshi citizens living abroad at about 50.53 lakh, which is a third of that reported by other government agencies
28 November 2023, 23:45 PM
4.66 lakh migrants returned home permanently in past 2 years
1.54 lakh or 33.03 percent of the returnee expatriates were from Chattogram division followed by 1.32 lakh or 28.48 percent from Dhaka
27 November 2023, 23:15 PM