Earlier this week, the IMF approved loans of $4.7 billion to
Bangladesh making it the first to secure such funds out of three
South Asian countries that applied last year amid economic
turmoil.
"Bangladesh is not in crisis. Just like countries around the
world, Bangladesh is dealing with the impact of global shocks
–first from the pandemic and then from the ongoing war in
Ukraine," the IMF's Mission Chief to Bangladesh, Rahul Anand,
said in a statement.
(Reporting by Maria Ponnezhath in Bengaluru and Ruma Paul in
Dhaka; Editing by Alex Richardson)
Feb 2 (Reuters) - The International Monetary Fund (IMF)
said on Thursday that Bangladesh's near-term growth was
projected to slow to 5.5% in FY2023 and 6.5% in FY2024, compared
with projections before the start of the Ukraine war at above
7%.
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