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Tags : IMF


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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...

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Desperate people cannot be pushed too much by either government or IMF

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...

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IMF loan programme to continue despite regime change

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...

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IMF cuts next tranche by $125m

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...

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Pakistan to get $7b IMF aid

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...

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IMF slightly downgrades US economic forecast for 2024

The IMF said Thursday it expects the US economy to grow a bit more slowly than previously forecast, while praising the way it has remained ‘robust, dynamic, and adaptable to changing global conditions.’...

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Maldives gets IMF debt warning as more Chinese loans loom

The International Monetary Fund warned the Maldives against looming ‘debt distress’ Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China....

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IMF to make concession once again

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...

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IMF insists on power tariff hike

The visiting International Monetary Fund mission on Thursday asked the government to increase power tariffs to clear arrears and reduce...

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IMF criticises forced bank mergers

The visiting International Monetary Fund mission on Thursday observed that the international practice should be followed in implementing the merger and...

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IMF concerned over delay

The visiting International Monetary Fund mission has expressed concern over delays in introducing the proposed crawling peg for determining the exchange rate...

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Economic headwinds put financial stability at risk

The country has been mired in a prolonged economic crisis due to a lack of reform, leading to decade-high inflation and a persistent shortage of dollars over the past two years. The economic challenges exacerbated by the conflict between...

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