There appears to be glimmer of light at the end of the tunnel after the International Monetary Fund yesterday projected that the Bangladesh economy would pick up from the second quarter of next fiscal year from the coronavirus-induced downturn. The Washington-based multilateral lender agency, however, said the...
The International Monetary Fund or IMF has lowered GDP growth projection for Bangladesh to 3.8 per cent for fiscal year 2019-2020 from its earlier estimate of 7.4 per cent in the aftermath of the pandemic. The downward GDP (gross domestic product) growth revision is 3.6 percentage points...
The International Monetary Fund said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial-market turbulence. Developing nations’ external financing needs probably will be far above the $2.5 trillion that the IMF has previously projected, Chief...
In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina Georgieva said on Wednesday. Beset by many other risks, including the paused but still-unresolved US-China trade war, the world is not...