IMF delegation meets BGMEA leaders, seeks assessment of garment industry challenges

A visiting International Monetary Fund (IMF) delegation today (5 November) met with leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in the capital’s Uttara to discuss the current status and future risks of the country’s ready-made garment (RMG) sector. The meeting was attended by BGMEA President Mahmud Hasan Khan Babu and other top […]

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IMF lifts growth outlook on more benign tariffs as revived US-China trade war looms

The International Monetary Fund edged up its 2025 global growth forecast on Tuesday as tariff shocks and financial conditions have proven more benign than expected, but warned that a renewed US-China trade war threatened by President Donald Trump could slow output significantly. The IMF said in its World Economic Outlook that recent trade deals between […]

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IMF estimates Uzbekistan’s GDP at Over $100 Billion

According to a recent assessment by the International Monetary Fund (IMF), Uzbekistan’s nominal GDP increased by $10.7 billion (125.6 trillion UZS) in 2023, and now stands at $101.6 billion (1,192.2 trillion UZS). IMF analysts noted that the informal economy is a comprehensive direction. Changes in the structure of the country’s economy by sector were discussed […]

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IMF ups China’s 2024 GDP forecast, urges focus on market-oriented reforms at July’s third plenum

China’s leaders should strive to ensure that economic growth is more demand driven, according to officials from the International Monetary Fund, as they also emphasised the need for Beijing to underscore market-oriented reforms at a highly anticipated political gathering in July that will set the tone for the country’s development trajectory in the next decade. […]

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Bankrupt Sri Lanka’s recovery ‘not yet assured’: IMF

Bankrupt Sri Lanka’s economic recovery was “not yet assured”, the International Monetary Fund warned Wednesday, after the first review of its $2.9 billion bailout aimed at repairing the island nation’s ruined finances. The Washington-based lender of last resort said Sri Lanka had been unable to meet its revenue targets and ensure growth although it had […]

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