EconomyBangladesh confidence lifts with IMF loan but tough reforms await
Officials cheer while experts warn against counting chickens too early
Employees dine at a garment factory in Dhaka: Bangladesh has struck a preliminary deal with the IMF to help stave off an economic crisis. © Reuters
SYFUL ISLAM, Contributing writer
November 10, 2022 19:51 JST
DHAKA -- Bangladesh's staff-level agreement with the International Monetary Fund for a $4.5 billion loan should give other development partners more confidence to extend assistance, analysts say, but the South Asian country still has plenty of work cut out for it.