Sri Lanka’s leftist govt begins privatisation
Sri Lanka’s leftist government said Tuesday it was selling a failed hotel project, marking its first privatisation move in line with an IMF bailout...
Tags : IMF
How IMF underdevelops Africa
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’s 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’s newsletter, the country has been engulfed in a conflict for...
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...
IMF to release $1.3b next month: adviser
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 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 — a key condition of the IMF’s $4.7 billion loan programme...
IMF to decide Wednesday on $1.3b loan tranche for Bangladesh
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.
IMF okays $1b for Pakistan despite India’s objections
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’s objections....
No support for IMF-prescribed market-based exchange rate: GED
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.
Country no more dependent on IMF, WB: adviser
Finance adviser Salehuddin Ahmed on Tuesday said that the country was no more dependent on the International Monetary Fund and the World Bank.
WB, IMF lower Bangladesh GDP growth below 4pc for FY25
Both the World Bank and the International Monetary Fund have lowered their projections regarding the growth of Bangladesh’s 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’s $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...
US tariffs threaten Sri Lanka’s recovery: IMF
Sri Lanka’s 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 ‘clearly represent a significant risk to the global outlook’ 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
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’s economic recovery, praising the cash-strapped nation’s ‘remarkable turnaround’ during online talks with its president.
IMF approves $330m payout for Sri Lanka
Sri Lanka’s 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’s 4th 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’s 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’s $4.7 billion loan tranche until March
The release of the fourth tranche of Bangladesh’s $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’s 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 economy minister Rodrigo Rato received a jail term of more than four years for tax crimes, money laundering and corruption.
IMF’s questionable moral authority and competence
AS PER media reports, representatives of the International Monetary Fund have termed the Bangladesh Bank’s recent decision to print Tk 22,000 crore (22.5 billion) to save weak banks and to ease liquidity crisis amidst inflationary pressure as ‘suicidal.’
Bangladesh seeks $6b from 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’s new leader sticks within IMF ‘guardrails’
Sri Lanka’s 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’t 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...
