Cash-strapped Sri Lanka on Wednesday announced a 15 per cent increase in the electricity price to shore up revenues for the state-run utility, in line with conditions imposed by an IMF bailout...
Sri Lanka鈥檚 leftist government said Tuesday it was selling a failed hotel project, marking its first privatisation move in line with an IMF bailout...
AT THE start of 2025, Sudan registered an alarming debt-to-GDP (Gross Domestic Product) ratio of 252 per cent. This means that the country鈥檚 total public debt is 2.5 times the size of its entire annual economic output. It is not hard to understand why Sudan is in such dire straits: as we outlined in last week鈥檚 newsletter, the country has been engulfed in a conflict for...
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...
Finance adviser Salehuddin Ahmed on Wednesday said that the International Monetary Fund would release $1.3 billion in the next month under its $4.7 billion loan programme for Bangladesh...
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...
The International Monetary Fund will give decision on providing the next two tranches of its US$4.7 billion loan package for Bangladesh amounting to $1.3 billion on Wednesday.
The International Monetary Fund on Friday approved a loan programme review for Pakistan, unlocking around $1 billion in much-needed funds and greenlighting a new $1.4 billion bailout despite India鈥檚 objections....
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.
Finance adviser Salehuddin Ahmed on Tuesday said that the country was no more dependent on the International Monetary Fund and the World Bank.
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....
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...
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...
Sri Lanka鈥檚 recovery from its worst economic meltdown, which forced a sovereign default and toppled a president, will be undermined if punishing US tariffs resume, the IMF warned on Friday.
Finance adviser Salehuddin Ahmed on Sunday said that the government must increase the revenue generation to match with the gross domestic products...
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 chief Kristalina Georgieva on Thursday said new US tariffs 鈥榗learly represent a significant risk to the global outlook鈥� and urged Washington to work with its trade partners.
A delegation from the International Monetary Fund will arrive in Dhaka on Saturday to assess progress on various conditions before the disbursement of the fourth and fifth tranches of the $4.7 billion loan agreement...
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.
IMF chief Kristalina Georgieva pledged to support Sri Lanka鈥檚 economic recovery, praising the cash-strapped nation鈥檚 鈥榬emarkable turnaround鈥� during online talks with its president.
Sri Lanka鈥檚 leftist president received a boost from Washington on Friday, with the International Monetary Fund greenlighting a roughly $330 million payout under an existing loan agreement.
Finance adviser Salehuddin Ahmed on Monday said that the disbursement of the fourth tranche under a $4.7-billion International Monetary Fund loan programme had been deferred to June.
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
The release of the fourth tranche of Bangladesh鈥檚 $4.7 billion budget support loan from the International Monetary Fund (IMF) has been deferred until March, primarily due to scheduling adjustments caused by natural disasters.
The recent decision of the interim government to expand the VAT net and hike VAT rates at the behest of the International Monetary Fund has justifiably attracted harsh criticisms from all quarters. This is the worst decision of the interim government since its inception following the overthrow of the autocratic regime of Sheikh Hasina and is hence bound...
A Madrid court on Friday said ex-IMF chief and Spanish聽economy聽minister Rodrigo Rato received a jail term of more than four years for tax crimes, money laundering and corruption.
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�
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...
The International Monetary Fund on Tuesday expressed deep concerns to the Bangladesh Bank over the persistently high inflation in the country...
Sri Lanka鈥檚 new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.