Economy
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Expatriate Bangladeshis sent over US$ 1.05 billion remittances during the first twelve days of April
Apr 16, 2025Expatriate Bangladeshis sent over US$ 1.05 billion remittances during the first twelve days of April in the fiscal 2024-25. Of this, remittances through state-owned and specialised banks accounted for $459.72 million, while private banks received $590.34... -
Iraqi markets a haven for pedlars escaping Iran’s economic woes
Apr 13, 2025Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions. He is just one of many... -
IMF board approves new $20 bn Argentina bailout
Apr 13, 2025In support of President Javier Milei’s vigorous attempts to turn around the Latin American nation, the International Monetary Fund approved a new $20 billion bailout for Argentina on Friday, which would last for four years. “The... -
IDB to provide Argentina with up to $10 bn in financing
Apr 13, 2025Argentina will receive “up to $10 billion” in public and private funding over the next three years, according to a Friday announcement from the Inter-American Development Bank (IDB). A fresh $20 billion loan arrangement from the... -
IMF chief says US tariffs a ‘significant risk’ to global economy
Apr 4, 2025IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the first from the IMF... -
Senegal president warns over African nation’s finances
Apr 4, 2025In his yearly state of the nation address, Senegal’s president Bassirou Diomaye Faye cautioned Thursday that the nation faced a challenging financial future that will need sacrifices. Following claims by the International Monetary Fund and authorities... -
Vietnam slashes duties on range of imports to head off US tariffs
Apr 2, 2025Concerns are growing as US President Donald Trump prepares to announce broad tariffs on “all countries” after Vietnam said it had reduced import charges on a variety of goods, including automobiles, liquefied gas, and some agricultural... -
World economies brace for Trump tariffs deadline
Apr 2, 2025After the US president left it unclear who would be targeted but pledged to be “very kind” in fixing what he claims are unfair trade imbalances, US trading partners rushed Tuesday to get ready for the... -
IMF, Argentina in advanced talks over new loan program: official
Mar 27, 2025As President Javier Milei maintains his shock therapy approach to economic changes, an IMF official indicated Tuesday that Argentina and the Fund are in advanced discussions on a new loan agreement. “Discussions on a new Fund-supported... -
IMF agrees on new $1.3 bn loan program for Pakistan
Mar 26, 2025In addition to reviewing an existing bailout that, if granted, would unleash an additional $1 billion, the IMF announced Tuesday that it had achieved an agreement with Pakistan on a new $1.3 billion credit program. The...
