Page 11 - Export Development Fund News Today

IMF loan: In these challenging times, among the many candidates for immediate balance of payment (BOP) support from the IMF, Bangladesh surely stood out as most deserving and judged eminently qualified to undertake concessional debt with minimum risk for the lender.

Things may not be perfect, but the claim of serious underlying weaknesses in the economy are incorrect.

The Central Bank of Nigeria (CBN) has expressed concern over the challenges being experienced by the citizens in getting cash from their bank accounts and other alternative channels.

Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.

The Bangladesh Bank has injected $330 million into the country’s foreign exchange market since February 1 when the International Monetary Fund disbursed $476.27 million to Bangladesh as the first installment of a $4.7 billion loan. 

Bangladesh trade deficit dips to 12.30 bln USD in H1 of fiscal 2022-23-

DHAKA, Feb. 8 (Xinhua) -- Bangladesh trade deficit in the first half of the current 2022-23 fiscal year (July 2022-June 2023) dipped by 21.71 percent to 12.30 b

Bangladesh's trade deficit in the first half of the current 2022-23 fiscal year (July 2022-June 2023) dipped by 21.71 per cent to $12.30 billion year-on-year, according to data from the central bank.The Bangladesh Bank (BB) data revealed that ...

Dhaka has received little help from its development partners who are busy waging their geopolitical battles in the country.

Within three days of approval, Bangladesh has received the first tranche of $476 million from the International Monetary Fund (IMF) out of the $4.7 billion loan package, the central bank has confirmed. "The Bangladesh Bank received the first instalment of the IMF loan on Thursday," Md Mezbaul Haque, executive director and spokesman of the central bank, told The Business