International Monetary Fund (IMF)

IMF DMD praised govt’s measures to tackle economic challenges

International Monetary Fund (IMF) Deputy Managing Director Antoinette Monsio Sayeh today praised the proactive measures taken by the government and the Bangladesh Bank to tackle the economic challenges the country is facing.
15 January 2023, 10:30 AM

Lanka gets 6 more months to repay BB’s $200m

Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis. 
13 January 2023, 03:00 AM

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.
12 January 2023, 01:00 AM

$4.5bn loan: IMF official due in Dhaka on Jan 14 to finalise deal

International Monetary Fund's (IMF) Deputy Managing Director Antoinette Monsio Sayeh is due in Dhaka on January 14 for a five-day visit, to finalise the agreement for a $4.5 billion loan.
10 January 2023, 09:41 AM

Time to hit the reset button

This year was always supposed to be a celebration of Bangladesh’s economic progress with the opening of Padma bridge and Dhaka metro rail and 100 percent electrification.
31 December 2022, 01:00 AM

Global economic outlook even gloomier than projected: IMF

The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months.
14 November 2022, 03:18 AM

Now $2b loan talks with WB begin

After the International Monetary Fund it is now its sister concern World Bank’s turn to negotiate economic reforms with the government for the prospective $2 billion financial support package sought to help the country weather the global economic turmoil.
12 November 2022, 02:00 AM

IMF’s $4.5b loan coming

The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.
10 November 2022, 02:00 AM

IMF approves $4.5b loan for Bangladesh

The government and the IMF team have reached a staff-level agreement to support the authorities’ reform policies under a new 42-month ECF/EFF arrangement of about $3.2 billion, and a concurrent RSF arrangement of about $1.3 billion.
9 November 2022, 09:10 AM

IMF didn’t raise floor price issue in today’s meeting: BSEC

A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.
7 November 2022, 11:22 AM

What the IMF said, our economists have said before

What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.
3 November 2022, 16:30 PM

Rein in tax exemptions

Known knowns -- is what best sums up the prognosis of the visiting International Monetary Fund mission so far as it looks to thrash out the conditions for the prospective $4.5 billion loan.
31 October 2022, 02:00 AM

Bangladesh not in crisis: IMF

Talks for the support package from the International Monetary Fund are likely to begin after the third week of October, said the Washington-based multilateral lender yesterday.
16 August 2022, 18:00 PM

Raising fuel prices to appease IMF is anti-people: Jatri Kalyan Samity

Bangladesh Jatri Kalyan Samity has demanded the government immediately repeal its decision of hiking fuel prices to ease the already-existing sufferings of the people created by the price hikes of essentials.
6 August 2022, 16:13 PM

Why is Bangladesh seeking IMF support in the first place?

As Bangladesh, facing an unprecedented economic crisis, has entered a negotiation with the IMF for a USD 4.5 billion loan package, a few discussions have ensued in the country.
4 August 2022, 15:00 PM

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.
4 August 2022, 02:30 AM

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.
27 July 2022, 12:04 PM

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.
22 July 2022, 02:15 AM

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.
20 July 2022, 14:46 PM

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.
17 July 2022, 11:47 AM