IMF Loan
Are borrowers or bankers more to blame for default loans?
According to the latest statistics from Bangladesh Bank, the total amount of default loans in the country's banking sector has reached 2,84,977 crore taka. This constitutes 16.93 per cent of the total loans disbursed by banks. In July, the amount of default loans was 2,11,391 crore taka. Therefore, in just three months, the amount of default loans in the banking sector has increased by 73,586 crore taka. During this period, the amount of default loans in state-owned banks has increased by 23,628 crore taka, while in private banks, the increase was 49,885 crore taka.
Interim government can initiate reforms, elected government to execute
One hundred days is not a long time to evaluate the activities of a regular government. For this special type of government, we must be even more flexible. However, after taking office, an evaluation can be made of what responsibilities this government could have fulfilled and what it has actually done in those 100 days. Such an evaluation is needed to make the current government’s role more effective. This government has more opportunities to accomplish things compared to a regular government, because it does not have any political affiliations. If it wishes, it can take various initiatives for the public interest. Since this interim government has come to power through a popular uprising, expectations from it are high. They do not have to worry about elections. If they take the people's aspirations into account, they can accomplish significant work.
Forex reserves cross $26b: BB
Bangladesh's foreign exchange reserves have crossed US$26 billion as the International Monetary Fund (IMF) has provided $1.15 billion loans and other lenders provided $900 million.
Country's reserves $24.16 billion in May
According to the BPM6 method of the International Monetary Fund (IMF), Bangladesh's reserves amount to $18,633.5 million, said Finance Minister Abul Hasan Mahmud Ali in response to a question from Jatiya Party Member of Parliament ABM Ruhul Amin Howladar.
IMF Loan: Bangladesh to get $112cr in 3rd installment
The Board of the International Monetary Fund (IMF) has approved the disbursement of the third installment of the $4.7 billion loan for Bangladesh.
Trending Views
