Government to implement more conditions to get IMF loan
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.