Loan
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World Bank to provide Bangladesh $1.1 billion; five agreements inked
Nov 23, 2023In order to support the nation’s resilient and inclusive growth, Bangladesh and the World Bank today inked five financing agreements totaling more than $1.1 billion. These agreements will enhance early childhood development, secondary education, riverbank protection... -
Bangladesh to receive first loan from BRICS New Development Bank
Sep 30, 2023The New Development Bank (NDB), which is governed by the BRICS, will lend money to Bangladesh for the first time. The bank will provide USD 325 million, or roughly Tk 35 billion at the current market... -
Sri Lanka pays back $50m to Bangladesh
Aug 21, 2023Due to its economic problems, Sri Lanka had to borrow $200 million from Bangladesh under the currency swap system. Of that amount, $50 million has already been returned to Bangladesh. The payment was made on August... -
Argentina uses $775 mn Qatar loan to repay IMF
Aug 5, 2023The Argentine government announced Friday that it will use a $775 million loan from Qatar to make a payment to the International Monetary Fund as it awaits clearance of a $7.5 billion transfer from the IMF.... -
ADB approves 40 mln USD loan to Cambodia for key reforms in service delivery
Jul 26, 2023According to a news release issued by the Asian Development Bank (ADB) on Wednesday, a loan of 40 million dollars has been authorized to assist the Cambodian government in advancing changes in the provision of public... -
Argentina makes IMF loan repayment partly with yuan
Jul 1, 2023Argentina paid a $2.7 billion loan repayment to the International Monetary Fund on Friday, partly using Chinese yuan, according to the economy ministry. To avoid depleting its limited foreign currency reserves, the country paid some of... -
Japan to provide $225m loan as budget support to Bangladesh
Jun 27, 2023Under the ‘Development Policy Loan for Strengthening Public Financial Management’, Japan will provide 30 billion Japanese Yen (equivalent to US$225 Million) as budget support to Bangladesh. To this end, an “Exchange of Notes” and a “Loan... -
IMF, Ukraine reach deal paving way to full-fledged loan
Feb 18, 2023The IMF announced on Friday that it has struck a staff-level agreement with the Ukrainian government, opening the path to a complete loan that would also help the nation’s application to join the European Union. According... -
IMF loan to stabilise reserves, dollar market: Experts
Aug 2, 2022Bangladesh anticipates receiving roughly 4.5 billion USD in loans from the IMF as a preventative step and to stabilize its foreign exchange reserves. The country is attempting to obtain an IMF loan while two other South... -
Slow progress as Lebanon waits for an IMF loan
Dec 29, 2021Lebanon is embroiled in an economic crisis dubbed “one of the worst in modern history” by the World Bank, yet officials have yet to reach an international bailout agreement. Lebanon defaulted on its debt last year,...