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...
Tags : IMF
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...
US tariffs threaten Sri Lanka鈥檚 recovery: IMF
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.
Govt to focus on tax generation, NPL, says finance adviser
Finance adviser Salehuddin Ahmed on Sunday said that the government must increase the revenue generation to match with the gross domestic products...
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 chief says US tariffs big risk to global economy
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.
IMF team to arrive in Dhaka on Saturday
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...
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.
IMF chief says Sri Lanka stabilised, pledges more help
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.
IMF approves $330m payout for Sri Lanka
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.
IMF loan鈥檚 4th聽tranche deferred to June
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.
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...
IMF delays decision on Bangladesh鈥檚 $4.7 billion loan tranche until March
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.
Bangladesh鈥檚 VAT conundrum
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...
Ex-IMF chief Rato gets 4-yr jail term in Spain for tax crimes
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.
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�
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...
IMF concerned over high inflation in Bangladesh
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 leader sticks within IMF 鈥榞uardrails鈥�
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.
How BRICS redefines global cooperation
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...
IMF predicts slightly slower global growth in 2024, 2025
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 expected to exceed $100t this year: IMF
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 needs to protect hard-won gains: IMF
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...
Formation of interim govt timely: IMF
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...
IMF says ready for talks with Sri Lanka鈥檚 new govt
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...
Amount of fresh IMF loan not yet fixed: Salehuddin聽聽聽
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...
IMF starts weeklong Bangladesh mission today
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.
Sri Lanka frontrunner won鈥檛 tear up IMF deal: party
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...
Cash-strapped Maldives says no need for IMF bailout
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...
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...