IMF

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...

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...

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...

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...