Sunday, 24 May, 2026
Sunday, 24 May, 2026

IMF provides loan to those who have capacity to repay: PM

English desk
  16 May 2023, 07:43

Prime Minister Sheikh Hasina today said International Monetary Fund (IMF) does not provide loans to any "orphan" county that can't repay.

"IMF grants loans only to countries that have the capacity to repay it. Bangladesh's economy isn't an "orphan" economy. If anyone (country) becomes an orphan, IMF does not provide loans to them. We have taken loans from IMF as Bangladesh has the capacity to repay it," she said.

The premier made this remark replying to a question regarding the IMF loan at a press conference arranged at her official residence Gono Bhaban in the capital on the outcome of her recent three-nation visit to Japan, the United States and the United Kingdom from April 25 to May 08, 2023.

Her comments came after Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD), earlier today said the budget of Bangladesh has become "an orphan" and the International Monetary Fund (IMF) is now the foster father of it.

Asked, the PM said the government has plans to increase salaries of government employees in line with the inflation.

She said her government has no plans for allocating dearness allowance.

Comments

  • Latest
  • Popular

Unicef urges urgent action to curb rising violence against children in Bangladesh

The 'Tell Your Dhaka Stories' event will be held in Washington DC tomorrow

Discovering Russian Tradition: Matryoshka Doll Master Class at Russian House in Dhaka

Army Chief meets Indian High Commissioner-designate to Bangladesh; discusses defence ties, border security

FM's Beijing visit boosts Belt-Road cooperation ties, Chinese envoy

"Frames of Memory" Film Festival Captivates Thousands of Students Across Bangladesh

Germany seeks to expand cooperation in trade, technology, education and research with Bangladesh

The United States to Host G20 Foreign Ministers’ Meeting in Atlanta, Georgia

Govt to build tech-driven modern land management system to ease people's suffering: PM

Bangladesh seeks adequate resources for UN peacekeepers to enhance civilian protection

১০
840,000 deaths a year linked to psychosocial risks at work
More than 840,000 people die each year from health conditions linked to psychosocial risks, such
CA seeks Commonwealth support for upcoming general election
Chief Adviser Professor Muhammad Yunus today sought the Commonwealth's full support for holding the upcoming
Touhid reaffirms NAM commitment for global justice, shared prosperity
Foreign Affairs Adviser Md. Touhid Hossain today reaffirmed Bangladesh's unwavering commitment to the founding principles
WHO sends Saima Wazed on indefinite leave: Health Policy Watch
Saima Wazed Putul, the World Health Organization's (WHO) regional director for the South East Asia