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

An IMF team meets BSEC officials today

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.

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.

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.  

There is not much in it to make us feel better in terms of its focus and measures.

The IMF staff mission’s meeting yesterday with the banking and financial institutions division appears to have not gone seamlessly.

There is likely to be yet another increase in electricity tariff by June as the government looks to shed its subsidy burden in line with the demands of the International Monetary Fund.

The formula will be followed from July this year

Financial pressures are adding to strains caused by high interest rates, volatile oil prices and years of double-digit inflation.

The IMF, which has predicted global growth of 2.9 per cent this year, is slated to release new forecasts next month.

The state statistics agency will publish the GDP data from the first quarter of 2024

How much good did the World Bank do in our country?

Improving our revenue generation will require several measures, both technical and non-technical.

Bangladesh has a low risk of external and overall debt distress despite higher external borrowing in recent terms, said the International Monetary Fund.

Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).

International Monetary Fund’s Deputy Managing Director Antoinette Monsio Sayeh today expressed her happiness for Padma Bridge during a three-hour visit to the project site.

The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.

International Monetary Fund (IMF) has assured of continued support to Bangladesh’s aspirations to become a developed and higher-income country by 2041.

Bangladesh should continue with the measures to reform various sectors of the economy, said IMF's Deputy Managing Director Antoinette Monsio Sayeh today.