Bangladesh to get $1.3bn from IMF; seeks $762m augmentation in support

Bangladesh has requested an additional $762 million from the IMF, potentially increasing total assistance to $4.1 billion. This request comes as the nation faces macroeconomic challenges, including slowed GDP growth and persistent inflation. The IMF’s support is contingent upon Bangladesh undertaking critical reforms, such as exchange rate liberalization and tax improvements, to ensure financial stability. Bangladesh has requested an additional $762 million from the IMF, potentially increasing total assistance to $4.1 billion. This request comes as the nation faces macroeconomic challenges, including slowed GDP growth and persistent inflation. The IMF’s support is contingent upon Bangladesh undertaking critical reforms, such as exchange rate liberalization and tax improvements, to ensure financial stability. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Enquire now

Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.