IMF mission arrives in Bangladesh this week

Last updated: October 22, 2010

Dhaka, Bangladesh (BBN)- A high-powered mission from International Monetary Fund (IMF) is arriving in the capital Dhaka this week to review the country's macro-economic situation, officials said.

The multilateral donor recently sent a set of queries to the government for preparation of agenda for the mission that will visit the country from October 24 to November 4 this year.

It wanted to know the implementation status of its previous recommendations on improving macro-economic situation and trend of businesses, specially export, import, remittance, letters of credit (LC) opening trend etc.

IMF has sent the queries to the finance ministry and requested it to furnish the necessary information within a shortest possible time, according to reports.

As a member state, Bangladesh will have to furnish the required information relating to its economy although there is no project being implemented with the IMF loan.

Finance ministry has sent the queries to the relevant department including commerce ministry, the central bank of Bangladesh and National Board of Revenue (NBR).

BBN/SSR/SI-23Oct10-2:13 am (BST) 

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