IMF team wants central bank’s measures on reserves, reform

IMF logo, Bangladesh flag

Dhaka, Apr 24 -The visiting team of the International Monetary Fund (IMF) wanted to know Bangladesh Bank’s measures for implementing monetary policy, interest rate, inflation, exchange rate, and reserves information.

The IMF team discussed various issues wanted to know the latest information from the central bank during a meeting held on Wednesday in Bangladesh Bank headquarters.

Apart from this, the global lender also wanted progress reports on banking sector reform, bank merger step, and revenue.

However, in the first day's meeting, the members of the IMF team said that the actions taken by the central bank and other organizations are appropriate so far.

Several officials present at the meeting confirmed that the updated reports and summary discussions highlighted the above issues. - UNB