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Economic Correspondent
Trading of Six LR Global Mutual Funds Suspended Indefinitely
Trading of six mutual funds managed by LR Global Bangladesh Asset Management Company has been suspended indefinitely after the Bangladesh Securities and Exchange Commission (BSEC) ordered the removal of the fund manager for allegedly misusing investors’ money.
IMF Freezes Loan: No Confidence in Yunus-Led Unelected Government
The IMF has frozen further disbursement of its $5.5 billion loan to Bangladesh, citing the lack of a democratically elected government under Muhammad Yunus. Economic instability and mistrust grow as international donors step back.
IMF Lowers Bangladesh’s GDP Growth Forecast Again
The International Monetary Fund (IMF) has once again downgraded its forecast for Bangladesh’s economic growth. In its latest World Economic Outlook report published Tuesday (October 14), the organization said that Bangladesh’s gross domestic product (GDP) growth for the fiscal year 2025–26 will be 4.9 percent — lower than its prior projections.
IMF Sets Foreign Loan Cap for Bangladesh for the First Time
For the first time, the International Monetary Fund (IMF) has set a limit on how much foreign loan Bangladesh can take. In the current fiscal year (2025-26), Bangladesh cannot take more than USD 8.44 billion in foreign loans. Previously, there was no such restriction from the IMF on Bangladesh.
Interim Govt’s Foreign Debt Hypocrisy Exposed
Bangladesh’s external debt has reached an all-time high, sparking heated debate over the government’s economic strategy and exposing contradictions in its political stance.
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