IMF

The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices. The region's economy will contract by 5.7 percent this year, and shrink by as...

Bangladesh's gross public debt will rise to 40.12 percent of GDP in FY21, according to an International Monetary Fund report.  Gross debt will exceed 40 percent for the first time since FY08, the report said. The world was hit by the Great Recession that year. Bangladesh's gross...

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 (IMF) warned Thursday that the ongoing disconnect between financial markets and the real economy is a "vulnerability," which could pose a threat to the recovery should investor risk appetite fade. Major central banks around the world have contributed to the "substantial easing" of...