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IMF

IMF team to review Bangladesh’s loan progress in April

A delegation from the International Monetary Fund (IMF) is scheduled to arrive in Dhaka on 5 April to assess progress on various conditions before the disbursement of the fourth and fifth instalments of the loan. According to sources from the Finance Division of the Ministry of Finance, the team will engage in continuous discussions with various government departments from 6 April for a two-week period.

During this visit, the IMF delegation is expected to hold meetings with the Finance Division, the National ...

No more ‘Sycophancy’ for foreign loans, says BB Governor

Bangladesh’s balance of payments (BoP) has significantly improved, with a robust foreign savings position, eliminating the necessity of seeking foreign loans through “sycophancy,” Bangladesh Bank Governor Ahsan H Mansur stated today (4 March 2025).

"We will not compromise. Our external financial position is now very strong," he asserted during a roundtable titled Path to Recovery for the Banking Sector, organised by The Business Standard at its office in the capital.

Global debt to IMF drops

As of 25 February 2025, the total global outstanding debt owed to the International Monetary Fund (IMF) stood at $144.9 billion, or 110.3 billion Special Drawing Rights (SDRs), reflecting a slight decline from the 112.8 billion SDRs recorded at the end of February 2024.

This dollar valuation was derived using IMF data on the SDR’s value as of 25 February 2025, which stood at $1.314, down from $1.328 a year earlier. The SDR serves as the IMF’s unit of account to determine the value of f...

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