Bangladesh to receive $1.1bn from ADB, WB by Dec: Finance secretary
Bangladesh to receive $1.1bn from ADB, WB by Dec: Finance secretary

The Asian Development Bank (ADB) and the World Bank will provide $600 million and $500 million in loan assistance respectively by December 2024, said Finance Secretary Dr Md Khairuzzaman Mozumder on Tuesday. He made the disclosure during a press conference at the Ministry of Finance, organised...

IMF warns world to avoid global trade war
IMF warns world to avoid global trade war

The International Monetary Fund (IMF) said the world economy could contract by the size of the combined French and German economies, if there is a broad-based trade war between the worlds major economies. It comes as concerns are escalating ahead of the possible reelection of Donald Trump....

Rich nations must pay more to tackle climate changes: G24
Rich nations must pay more to tackle climate changes: G24

The G24 group of nations said on Tuesday that richer countries must put more money on the table to support the worlds developing and emerging market economies, tackle climate and development challenges, or risk undoing recent progress, reports AFP. The global community is falling short of...

Information on money laundering to be collected in meeting with IMF: Finance Adviser
Information on money laundering to be collected in meeting with IMF: Finance Adviser

Finance and commerce adviser Dr. Salehuddin Ahmed said they will try to collect information on money laundering in the meeting with International Monetary Fund (IMF) going to be held in Washington DC of USA. A taskforce is already working on it, he said. The adviser said this while talking to...

Russia calls on BRICS partners to create alternative to IMF
Russia calls on BRICS partners to create alternative to IMF

Russia has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month. Russia is now chairing the BRICS group. BRICS, originally comprising Brazil, Russia, India, and...

Global public debt to exceed $100 tn by end of 2024: IMF
Global public debt to exceed $100 tn by end of 2024: IMF

The International Monetary Fund (IMF) said the global public debt is expected to exceed a record $100 trillion this year, reports BSS. In its latest report on fiscal policy, on Tuesday, the IMF said it expects global public debt to hit 93 percent of global gross domestic product (GDP) this year,...