Forex reserves stand at $27.31bn
Forex reserves stand at $27.31bn

Bangladeshs foreign exchange reserves have stood at $27.31 billion. However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladeshs foreign exchange reserves stood at $22.25 billion, according to a...

IMF approves $1.3bn of $4.7bn loan program for Bangladesh
IMF approves $1.3bn of $4.7bn loan program for Bangladesh

The International Monetary Fund (IMF) has finally approved a $1.3 billion disbursement of the third and fourth tranches of Bangladeshs $4.7 billion loan program. As a result, it is set to receive a significant boost to its foreign exchange reserves, with the IMF approving the disbursement of...

IMF agrees to release $1.3bn loan tranche for Bangladesh
IMF agrees to release $1.3bn loan tranche for Bangladesh

The International Monetary Fund (IMF) has finally agreed to disburse the next two tranches of its $4.7 billion loan package for Bangladesh, amounting to $1.3 billion, in June. The decision follows a series of meetings held in Washington between Bangladesh Bank Governor Dr Ahsan H Mansur and...

IMF forecast hints at Bangladesh’s economic recovery
IMF forecast hints at Bangladesh’s economic recovery

Bangladeshs economy is showing signs of recovery, with the latest forecast from the International Monetary Fund (IMF) projecting a significant upturn. In its World Economic Outlook released on Tuesday night (Washington time), the IMF projected a GDP growth of 3.8 percent for Bangladesh in the...