Live Breaking News & Updates on Angladesh 039s Economic Recovery

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Why Bangladesh failed to contain inflation while others succeeded

While many other countries have managed to reduce inflationary pressure by adopting monetary policy tools, Bangladeshi policymakers have shied away from doing the same. ....

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Debt burden to get heavier with IMF's loan: BNP

BNP on Thursday alleged that a $4.5 billion loan from the International Monetary Fund (IMF) will make people's debt burden heavier since the government has depleted the national exchequer through "widespread looting". "It's a good thing that you are taking a loan from the IMF, but how will you repay it? You've already exhausted the reserves and you've siphoned off all money ....

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IMF approves $4.5b loan for Bangladesh

The government and the IMF team have reached a staff-level agreement to support the authorities' reform policies under a new 42-month ECF/EFF arrangement of about $ 3.2 billion (SDR 2.5 billion, equivalent of 231.4 percent of quota), and a concurrent RSF arrangement of about US$1.3 billion (SDR 1 billion, equivalent of 93.8 percent of quota). ....

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