THE 16th BRICS summit in Kazan, Russia, felt like a deliberate contrast to the annual IMF and World Bank meetings taking place in Washington. The timing couldn鈥檛 have been more telling. The optics of this contrast were hard to miss, giving off the impression of a bloc standing firmly apart from the US-dominated global order. While the West may see Kazan...
Global growth is expected to ease slightly to 3.2 per cent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked...
Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even 鈥榳orse than expected.鈥�
Sri Lanka鈥檚 painful austerity measures were 鈥榖earing fruit鈥� and must be sustained, the International Monetary Fund said Friday as the country鈥檚 new president sought changes to...
The International Monetary Fund on Monday said that the timely formation of an interim government in Bangladesh had helped stabilise the political and security conditions, fostering a gradual return to normalcy in the economy...
The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country鈥檚 new government, a spokesman said...
Finance, commerce, and science and technology adviser Salehuddin Ahmed on Tuesday said that the government was yet to decide how much fresh loan would be sought to the...
The International Monterey Fund will start a weeklong mission in Dhaka to negotiate over an extra $3 billion loan sought by the interim government in budget support.
The party of a Marxist leader on track to win Sri Lanka鈥檚 presidential vote vowed Sunday not to scrap the country鈥檚 unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it...
The Maldives says its financial troubles are 鈥榯emporary鈥� and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default...
SRI Lanka has so far been spared the riots and political instability that has rocked other countries facing debt repayment crises. Kenya and now Bangladesh have seen large scale rioting and popular uprisings that are directly the consequence of economic problems that have sharpened the pain felt by the masses of people...
The International Monetary Fund will continue its ongoing $4.7 billion loan programme in Bangladesh despite the students-led mass demonstration that stepped Sheikh Hasina down as prime minister on Monday...
International Monetary Fund has revised down the loan amount by around $125 million for the next tranche under the ongoing $4.7 billion loan programme Bangladesh has taken amid the shortage of foreign currencies...
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead...
The International Monetary Fund has agreed to loan Pakistan $7 billion to bolster its faltering economy, with Islamabad pledging Saturday it would be the last time it...
Bangladesh Bank on Tuesday confirmed that the country鈥檚 international reserves have now surpassed $16 billion, with gross reserves totalling around $26 billion....
The IMF said Thursday it expects the US聽economy聽to grow a bit more slowly than previously forecast, while praising the way it has remained 鈥榬obust, dynamic, and adaptable to changing global conditions.鈥�...
The International Monetary Fund has recommended the government reinforce the asset declaration process for public officials to combat high-level corruption effectively....
Sri Lanka has finalised long-delayed debt deals with its bilateral lenders, including China, to meet a key condition of an IMF bailout, the government said Tuesday...
The International Monetary Fund on Monday approved disbursement of $1.12 billion to Bangladesh under the current $4.7 billion loan programme.
The International Monetary Fund on Friday said that its board meeting on June 24 would review the disbursement of $1.15 billion to Bangladesh.
The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing鈥檚 industrial policy risks a 鈥榤isallocation鈥� of resources and could harm trade...
THIS year鈥檚 International Monetary Fund and World Bank Group Spring Meetings opened amidst news of two startling findings...
The International Monetary Fund warned the Maldives against looming 鈥榙ebt distress鈥� Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China....
The International Monetary Fund on Wednesday said it had reached a staff-level agreement to release around $1,152 million as the third tranche under the ongoing $4.7 billion loan programme with Bangladesh...
The Bangladesh Bank is likely to get concession in maintaining the net international reserve once again under the current $4.7 billion loan programme with the...
The visiting International Monetary Fund mission on Thursday asked the government to increase power tariffs to clear arrears and reduce...
The financial account of Bangladesh is not performing very well, said Krishna Srinivasan, the director of the Asia and Pacific department of the International Monetary Fund, during a virtual briefing from Singapore on Tuesday...
The visiting International Monetary Fund delegation advised Bangladesh Bank to disclose detailed and complete information regarding bad and risky loans fin the...
The visiting International Monetary Fund mission on Sunday recommended around half a dozen measures, including administrative reform in the...