Bangladesh should redirect subsidy money to help poor: IMF deputy

Antoinette Monsio Sayeh visits Dhaka ahead of board decision on $4.5bn loan

20230118 bangladesh poverty

A woman collects garbage from a dump in Dhaka: The IMF's deputy managing director says Bangladesh should not be providing subsidies that benefit the wealthy. © Reuters

SYFUL ISLAM, Contributing writer

DHAKA -- Bangladesh's government should cut a range of subsidies and redirect the money to more targeted assistance for the poor, the International Monetary Fund's deputy managing director said in an interview while visiting the cash-strapped South Asian country.

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