Regional Economic Outlook
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Market-based liberalisation of foreign exchange rates and reality
The International Monetary Fund (IMF) suggested the implementation of a flexible currency exchange rate for Bangladesh during a virtual press conference on April 30, coinciding with the release of the Regional Economic Outlook for Asia Pacific countries. This recommendation aligns with the IMF's stance advocating for market-based exchange rates over the past eighteen months. The IMF contends that adopting a market-based currency exchange rate in Bangladesh would yield improvements across various sectors, notably bolstering foreign exchange reserves.
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