IMF Praises Bangladesh's Interim Government for Economic Stabilization

The International Monetary Fund (IMF) commended Bangladesh's swift formation of an interim government for stabilizing the country. Following a recent staff review, the IMF also supported Bangladesh's continued economic policies, including monetary tightening and rationalizing non-priority capital spending.

The International Monetary Fund (IMF) on Monday commended Bangladesh's prompt formation of an interim government for successfully stabilizing the nation.

According to the IMF staff's review, which took place from Sept. 24-30, the new authorities have effectively addressed economic challenges. Additionally, the IMF endorsed Bangladesh's ongoing monetary tightening measures and efforts to rationalize non-priority capital spending.

These policy initiatives are part of a broader strategy aimed at ensuring economic stability and growth.

(With inputs from agencies.)