IMF tells Bangladesh to maintain tight monetary policy
The International Monetary Fund (IMF) has advised Bangladesh to keep monetary policy strict to curb inflation, fortify its vulnerable banking system, and boost tax collection as talks proceed regarding a fresh IMF-backed package. "Maintaining a tight monetary stance in Bangladesh is essential to counter inflationary pressures, which climbed to 8% in September," stated Sonali Jain-Chandra,...…
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