$35 billion to be required for banking sector restructure: adviser
Finance adviser Salehuddin Ahmed on Saturday said that the International Monetary Fund had calculated the requirement of $35 billion for restructuring the banking sector...
Tags : International Monetary Fund
IMF assured of revenue sector reform: adviser聽聽聽聽
Finance adviser Salehuddin Ahmed on Wednesday said that he had assured the International Monetary Fund that the revenue sector reform would continue...
Forex reserve soars to record $26.32b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $26.32 billion on Sunday amid disbursements from a number of foreign lenders including the International Monetary Fund, Asian Development Bank and World Bank...
IMF loan package up by $800m聽to $5.5b
The International Monetary Fund has said that the overall loan amount of $4.7 billion has been raised to $5.5 billion under its current loan programme for Bangladesh.
Bangladesh鈥檚 Forex reserve soars to $22.65b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $22.65 billion on Wednesday amid fresh disbursements from the International Monetary Fund, World Bank and strong remittance inflows...
IMF approves disbursement of $1.3b聽
The International Monetary Fund on Monday approved the release of about $1.3 billion to Bangladesh under its $4.7 billion loan programme soon.
Bangladesh need not meet all IMF conditions
Prominent economist Professor Abu Ahmed has questioned the logic behind complying with all the conditions set by the International Monetary Fund saying that following every prescription does not ensure economic progress...
Bangladesh Bank to flex dollar rate to get IMF loan tranche
Bangladesh is likely to receive $1.3 billion from the International Monetary Fund (IMF) by June, as the Bangladesh Bank has agreed to make the exchange rate more flexible 鈥� a key condition of the IMF鈥檚 $4.7 billion loan programme...
GED against IMF-prescribed market-based exchange rate
General Economics Division member Monzur Hossain on Wednesday said that they did not support a more flexible exchange rate policy as suggested by the International Monetary Fund under its current $4.7 billion loan programme...
Repressive AL-era external loans should be reviewed
AS THE negotiation between Bangladesh and the International Monetary Fund over the release of the fourth and fifth tranches of the $4.7 billion bailout package that the international lending agency approved in 2023 hangs over a few issues and the interim government has sought more concessional loans from other agencies, especially the Asian Development Bank...
Forex reserve crosses $22b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $22 billion again on Wednesday, driven by strong remittance inflows and export earnings...
WB, IMF lower Bangladesh GDP growth below 4pc for FY25聽聽聽聽
Both the World Bank and the International Monetary Fund have lowered their projections regarding the growth of Bangladesh鈥檚 gross domestic product for the outgoing financial year (2024-25) below 4 per cent....
Next IMF loan tranche may face further delay
The release of the next tranche of the International Monetary Fund鈥檚 $4.7 billion loan to Bangladesh may face further delay, as the IMF has yet to reach a staff-level agreement with the government...
IMF wraps up discussion on positive notes
The International Monetary Fund on Wednesday concluded its discussions with the government of Bangladesh on the disbursement of $1 billion under a $4.7 billion loan programme...
Bangladesh Bank says forex reserve crosses $21b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...
BB rejects IMF鈥檚 call for policy rate cut
The Bangladesh Bank has rejected the International Monetary Fund鈥檚 suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...
IMF team to begin discussions Sunday on $4.7billion loan tranches
The delegation from the International Monetary Fund will start discussions on Sunday to review updated financial data before releasing the next tranches of the $4.7 billion loan...
IMF mission begins after Eid vacation聽聽聽
An International Monetary Fund mission is expected to arrive in the capital on April 6 to negotiate with the government over disbursement $1 billion in next June.
Bangladesh's forex reserve drops to $19.7b
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $19.7 billion, following a $1.75-billion payment to the Asian Clearing Union for import bills covering January and February...
IMF, Ukraine agree on $400M loan review
The International Monetary Fund and Ukraine reached an agreement Friday on a loan programme review that will unlock around $400 million in much-needed funds more than three years after Russia鈥檚 invasion.
Forex reserve nears $21b amid high remittance
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, neared $21 billion again, driven by strong remittance inflows...
Forex reserve crosses $20b again
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
Economic wake-up call: stability or chaos
BEFORE 2024, such unprecedented public protests against the Awami League government would hardly have occurred. However, people have taken to the streets, and a key reason for this, I think, is the deteriorating economy. A worsening dollar crisis and liquidity crunch pushed Bangladesh to seek early financial assistance from the...
Forex reserve drops to $20b
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20 billion, following a $1.67-billion payment to the Asian Clearing Union against import bills for November and December of 2024...
IMF鈥檚 questionable moral authority and competence
AS PER media reports, representatives of the International Monetary Fund have termed the Bangladesh Bank鈥檚 recent decision to print Tk 22,000 crore (22.5 billion) to save weak banks and to ease liquidity crisis amidst inflationary pressure as 鈥榮uicidal.鈥�
Salehuddin plays down IMF鈥檚 growth forecast
Finance adviser Salehuddin Ahmed on Thursday played down the International Monetary Fund鈥檚 observation that the Bangladesh economic outlook is gloomy...
IMF to provide $645m in next tranche
The International Monetary Fund on Wednesday said that about $645 million would be made available for the third tranche under the current loan programme taken by the Awami League government before it was ousted on August 5 amid a mass uprising...
Dollar rate may jump as BB plans more market-driven policy
The exchange rate of the US dollar in Bangladesh is likely to rise further as the Bangladesh Bank moves towards a more market-driven foreign exchange policy, a condition set by the International Monetary Fund...
Bangladesh seeks $6b from聽lenders for FY25
Finance adviser Saehuddin Ahmed on Tuesday said that he was expecting $1.1 billion from the International Monetary Fund in the next two months while expecting more funds against the demand for...