Friday, March 29, 2024

IMF projects 6pc GDP growth

The International Monetary Fund on Tuesday said that Bangladesh’s GDP would grow by 6 per cent this fiscal year, lowering its earlier projection of 6.1 per cent. The IMF projection, however, is slightly higher than the World Bank and Asian Development which estimated that the country’s GDP would grow by 5.8 per cent

WB, IMF stop $500m loan

The World Bank and the International Monetary Fund have decided not to give the government over $500 million of budget support that they had planned to provide this financial year because of concerns over governance issues, including anti-corruption and telecom licensing, the World Bank has told New Age These two concessionary loans or credits, given ... Read more