IMF said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability
The IMF prescription for the public means increased gas, electricity and transport prices, and so on.
IMF mission concluded its 15-day visit to Bangladesh today
However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
The IMF mission met with the deputy governors, policy advisor, executive directors and directors in different meetings at the central bank headquarters.
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.
Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth
IMF said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability
The IMF prescription for the public means increased gas, electricity and transport prices, and so on.
IMF mission concluded its 15-day visit to Bangladesh today
However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
The IMF mission met with the deputy governors, policy advisor, executive directors and directors in different meetings at the central bank headquarters.
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.
Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth
Pakistan and the International Monetary Fund on Wednesday reached a staff level agreement which, if approved by its board, will disburse $1.1 billion for the debt-ridden South Asian economy, the global lender said..The funds are the final tranche of a $3 billion last-gasp rescue package Pa