IMF

IMF says global public debt to top $100 trillion, growth may accelerate

Released a week before the IMF and World Bank hold annual meetings in Washington, the Fiscal Monitor said there are good reasons to believe future debt levels could be well higher than currently projected, including a desire to spend more in the US, the world's largest economy.
15 October 2024, 04:02 AM

Working from home is powering productivity

Working from home (WFH) increased about tenfold following the outbreak of the pandemic and has settled in at about five times its prepandemic level
12 October 2024, 05:46 AM

IMF board approves changes to cut borrowing costs by 36%

The suite of changes agreed to by the International Monetary Fund's executive board include adjustments to the surcharges paid by countries with high levels of debt, like Ukraine and Argentina, the Washington-based institution announced in a statement
12 October 2024, 05:27 AM

Tariffs risk raising costs for US consumers: IMF chief

"Tariffs are very blunt instruments," Georgieva, managing director of the International Monetary Fund, told CNBC in an interview.
2 October 2024, 05:10 AM

IMF board approves $7 billion Pakistan loan agreement

IMF on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender
26 September 2024, 05:05 AM

IMF says ready for talks with Sri Lanka's new leftist government

IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said
24 September 2024, 04:31 AM

Central banks face 'difficult balancing act': IMF chief

Central banks face a "difficult balancing act" as they start lowering interest rates around the world in the face of falling inflation, the head of the IMF said Friday
21 September 2024, 06:23 AM

Cash-strapped Maldives says no need for IMF bailout

The Maldives says its financial troubles are "temporary" and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default
14 September 2024, 07:48 AM

Implementation of a banking commission to address challenges in the sector

It is unfortunate that the previous government fell short of its commitments to strengthen the banking sector.
19 August 2024, 13:00 PM

The IMF is failing countries like Kenya: why, and what can be done about it

The country has been hammered by drought, floods and locust infestations in recent years
10 July 2024, 11:11 AM

The large cracks in Bangladesh that IMF missed

The high incidence of corruption, some of which have erupted openly in the public domain.
5 July 2024, 14:00 PM

IMF flags nine risks for Bangladesh

The International Monetary Fund (IMF) has suggested greater exchange rate flexibility to preserve reserve adequacy, warning failure to do so may create further imbalances in the currency market.
26 June 2024, 18:00 PM

IMF for stronger asset disclosure process for civil servants

The International Monetary Fund has urged Bangladesh to strengthen the asset declaration process for public officials in order to combat high-level corruption effectively.
26 June 2024, 18:00 PM

We need humility, not hubris, to turn the economy around

While a privileged minority, sitting in their high castles, continue to enjoy a larger and larger share of the fruits of “development,” it is becoming obvious that the vast majority are increasingly struggling.
13 June 2024, 03:00 AM

IMF lifts China growth forecast but warns on industrial policy

The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade
29 May 2024, 05:57 AM

IMF endorses Japan's commitment to flexible yen

IMF said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability
14 May 2024, 07:07 AM

IMF prescription to raise energy prices is anti-people, illogical

The IMF prescription for the public means increased gas, electricity and transport prices, and so on.
10 May 2024, 11:00 AM

Prioritise sustainable revenue generation, IMF tells Dhaka

IMF mission concluded its 15-day visit to Bangladesh today
8 May 2024, 13:15 PM

Bangladesh to loosen interest rate on IMF prescription

However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
6 May 2024, 00:37 AM

IMF suggests greater flexibility in exchange rate to ease pressure on external account

Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
30 April 2024, 04:48 AM