IMF loan
IMF to give $645m in fourth tranche
The International Monetary Fund will give Bangladesh $645 million in the fourth tranche under the $4.7 billion loan programme, taking the total disbursement to $2.31 billion.
18 December 2024, 18:11 PM
IMF offers extra $1b for reforms
The International Monetary Fund (IMF) has offered an additional $1 billion to Bangladesh but the government is pushing for at least $2 billion to implement the interim government’s reform agenda, narrow the deficit in the current account and shore up the dollar stockpile.
11 December 2024, 18:30 PM
Bangladesh on track for next IMF loans
Bangladesh is on track to meet all 12 conditions set by the International Monetary Fund (IMF) to qualify for the fourth tranche of a $4.7 billion loan programme, only missing the revenue collection target.
30 November 2024, 18:00 PM
IMF reaffirms support in fighting economic challenges
The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024, 18:00 PM
IMF positive about lending additional $3b
The International Monetary Fund (IMF) is positive about lending an additional $3 billion to Bangladesh but the multilateral lender wants to know what reforms the interim government is planning to take.
1 September 2024, 18:00 PM
Govt may miss IMF’s revenue collection target
Bangladesh is unlikely to fulfil the revenue collection target set by the International Monetary Fund (IMF) as part of its conditions for the fourth tranche of a $4.7 billion loan programme.
27 July 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
Bangladesh gets IMF board approval for $1.12 billion in loans
The funds will be added to the reserves in two days
24 June 2024, 15:31 PM
Journey to be painful, but necessary
Mansur, a former economist at the International Monetary Fund, said interest rates would rise. This may slow the economy further, but it is necessary to overcome the challenges.
9 May 2024, 03:39 AM
Market-driven interest rate returns after four years
The central bank took the decision as people have been struggling with the high level of prices for around two years.
9 May 2024, 03:39 AM
Three difficult choices to heal economy
Bangladesh yesterday made three major decisions to cushion the economy against critical risks such as stubborn inflation and depletion of foreign currency reserves.
8 May 2024, 18:00 PM
More banking reforms, subsidy cuts prescribed
The International Monetary Fund (IMF) emphasised more reforms in the banking sector and tax collections and reducing subsidies to help the economy turn around.
8 May 2024, 18:00 PM
IMF eases forex reserves target
Thanks to bold reform measures taken by the authorities, the IMF has drastically slashed the Net International Reserves (NIR) requirement for Bangladesh for the fourth tranche of the $4.7 billion loans.
8 May 2024, 18:00 PM
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
IMF recommends calibrated monetary tightening, exchange rate flexibility
The International Monetary Fund (IMF) has advised Bangladesh to continue to focus on containing inflation and rebuilding external resilience.
13 December 2023, 04:28 AM
IMF approves $681m in 2nd tranche of loan for Bangladesh
The IMF board yesterday approved the second instalment of $681 million for Bangladesh, putting to bed the uncertainty surrounding the tranche given that the country failed to meet two of the conditions needed for its release
12 December 2023, 18:48 PM
IMF to discuss Bangladesh's 2nd loan tranche today
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
11 December 2023, 18:10 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
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
Lending, exchange rates still not market-driven: IMF
Bangladesh Bank introduced a new formula in June to determine the lending interest rate and brought about a single exchange rate recently but both are yet to be determined by the open market, the International Monetary Fund (IMF) has said.
12 October 2023, 02:58 AM