IMF loan to ease economic situation: Planning minister

The Report Desk

Published: November 2, 2022, 10:18 PM

IMF loan to ease economic situation: Planning minister

Loans from the International Monetary Fund (IMF) will temporarily improve the economic situation of the country, however government needs to put in more effort, said Planning Minister MA Mannan.

He also warned that if government does not pull up its socks now, the country’s economic sustainability will be degrade.

He made the remark after holding a meeting with an International Labor Organisation (ILO) delegation led by its SME Specialist Gunjan Dallakoti on Wednesday.

"Inflation rate has not increased due to the failure of home market. Our market is now deeply connected with the global market. The pressure of other markets is affecting the domestic market in many ways", said the planning minister.

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