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Bangladesh set to beat India in per capita GDP: report
Staff Correspondent | Updated at 12:49pm on October 14, 2020
In per capita GDP terms, India was significantly above Bangladesh until few years ago, but the gap has been substantially closed owing to the latter’s...
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IMF forecasts GDP growth at 3.8pc for Bangladesh
Staff Correspondent | Updated at 08:41pm on October 13, 2020
The International Monetary Fund on Tuesday predicted that the Bangladesh economy would grow by 3.8 per cent, up from its April prediction of 2 per...
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Virus resurgence poses biggest risk to US economy: IMF
Agenece France-Presse . Washington | Updated at 11:09pm on July 18, 2020
The dominant risk to the US economic recovery is a resurgence of COVID-19 cases that would force renewed business shutdowns, the International Monetary Fund warned...
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IMF warns cutting spending too soon could derail recovery
Agence France-Presse . Washington | Updated at 10:57pm on July 10, 2020
As governments rushed out funding to prevent an economic collapse amid the coronavirus pandemic, global public debt swelled to the highest in history, but the...
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IMF approves $356m in emergency funding for pandemic-hit Myanmar
| Updated at 10:58pm on June 27, 2020
The International Monetary Fund on Friday said that it would provide Myanmar with $356.5 million in emergency funding, as the southeast Asian country battles an...
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COVID-19 wipes out $12t from global economy: IMF
Agence France-Presse . Washington | Updated at 10:59pm on June 25, 2020
The global coronavirus pandemic has sparked an economic ‘crisis like no other,’ sending world GDP plunging 4.9 per cent this year and wiping out $12...
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IMF okays $732m emergency loan for Bangladesh
Staff Correspondent | Updated at 11:25am on May 30, 2020
The International Monetary Fund will give $732 million in emergency assistance to Bangladesh to help finance the health, social protection and macroeconomic stabilisation measures, meet...
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Bangladesh to ask IMF to release $700m loan soon
Staff Correspondent | Updated at 11:09pm on May 10, 2020
The government is going to ask the International Monetary Fund for releasing $700 million loan to assist the country’s balance of payment. Finance minister AHM...
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Salehuddin disagrees with World Bank, International Monetary Fund
Shakhawat Hossain | Updated at 12:14pm on April 18, 2020
Former Bangladesh Bank governor Salehuddin Ahmed said that he disagreed with projections of a mere 2 per cent growth in gross domestic product made by...
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Coronavirus to halt Asia growth for 1st time in 60yrs: IMF
Business Desk | Updated at 09:32pm on April 16, 2020
Asia as a region will not register any economic growth this year for the first time in 60 years because of the coronavirus pandemic, according...