Government to implement more conditions to get IMF loan

Disclosure:

Spread the love

The government is going to comply with some other conditions of the International Monetary Fund (IMF) to deal with the dollar crisis.

In this, the rate of exchange of rupee against the dollar is completely on the market, which is also the poison of the private sector, the import of fuel, and the price of electricity at retail.

The government has already made a decision on the basis of the GDP ratio and the government has not taken any action on this issue.

According to the sources, the global recession and the negative impact on the overall economy of the country and the foreign exchange crisis, Bangladesh has demanded $4500 million in two sectors to the IMF. The mission of the IMF has visited Bangladesh from October 26 to November 9. In that case, they have imposed several conditions in consultation with various government ministries and organizations. In this, several conditions have been implemented before the start of IMF-debt. The government has increased the prices of fuel oil, gas and fertilizers in August last year to reduce the subsidy.

When the loan talks with the IMF started, they again proposed to raise the prices of these products, but the government said that the prices have been reduced one-sided. In the current situation, it is not possible to get rid of it, but the IMF also said to the price of electricity. As part of this, the price of electricity has already been increased in the wholesale level. Now the process of relegating at the retail or consumer level is said to be 12 percent price. If it is made, it will be a condition of the IMF.

The government imports the 1000-4 NNG PETS in the low-line sweeping sector, which is pursuing the sensit-lines, which are in the sensit-lines, which are in the right-line sweeping-line, the low-line sweeping-line, the low-lines, the low-line sweetricians, are being sweeping the sensit-lines, which are in the right-line sensit, the sensitized sector, which is pursuing the small scale of some LNG in the small scale of the sensitized sector.

image_pdfimage_print

Latest

Iran Attacks US Fighting Airplane With Multiple Drones In Jordan

0
However, no official comment or independent verifiable information has been released by the United States or Jordan on these claims of Iran, the recent US...

Nazrul will be punished by the party, what will happen to the post of MP?

0
The party's expulsion has been said to have been proved by the organizational investigation of the poisoning of parliamentarian Gazi Nazrul Islam in the poisoned media.

At the same time, Bangladesh is pulling India-China closer: BBC report

0
China's BUC is trying to gain investment and strategic partnership to boost the economy in the midst of trying to renew bilateral relations with neighboring India.

Why Argentina will play in blue jersey today

0
There are some matches, whose stories are not in the statistics book, written in the memory of people. The statistics are only numbers, the history lives in the memory. Argentina-England matches are in the same...

Shahbag students tied up demanding the resignation of the education minister

0
The protesting students have moved away from the Shahbag Mose of the capital to demand the resignation of Education Minister ANM Ehchanul Haque Milon.