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 : International Monetary Fund
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...
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 records highest deflation since 1961
Sri Lanka鈥檚 consumer prices fell by 2.1 per cent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday...
Bangladesh's forex reserve rises slightly amid high remittances, exports
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has increased marginally to $18.49 billion on Thursday amid increased remittance inflow and export earnings...
Bangladesh's forex reserve rises by $384m in a month
Bangladesh鈥檚 gross foreign exchange reserve, as per the International Monetary Fund鈥檚 guidelines, increased by $384 million in a month, due largely to higher remittance inflows and a halt in the Bangladesh Bank鈥檚 dollar sales...
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...
Dialogue with parties before reform bodies start working
The advisory council of the interim government will hold another round of dialogue with the political parties before the six reform commissions begin their work in full swing.
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...
Sri Lanka votes in presidential election
Cash-strapped Sri Lanka voted for its next president Saturday in an effective referendum on an unpopular International Monetary Fund austerity plan enacted after the island nation鈥檚 unprecedented financial crisis...
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...
Finance adviser asks for additional fund from IMF
Finance adviser Salehuddin Ahmed on Thursday asked for extension of International Monetary Fund鈥檚 current loan programme in Bangladesh...
Understanding offshore banking
Offshore banking involves the cross-border intermediation of funds and provision of services by banks located in offshore financial centres to non-residents...
Sri Lanka: best team to face future
WITH little more than a month before presidential elections are due, the speculations about elections not being held have come to a halt which is a testament to the democratic spirit in the country. The election commission has invited Commonwealth and EU election monitors to observe the elections. Political parties and parliamentarians alike are...