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flag IMF outlines steps for Bangladesh to stabilize economy amid GDP drop and financial challenges.

flag Bangladesh's economy is facing significant challenges, including a drop in GDP growth to 3.3% in the first half of FY25 from 5.1% in the same period last year. flag The International Monetary Fund (IMF) recommends fiscal consolidation, focusing on tax reforms, and policy tightening to address the external financing gap and reduce inflation. flag The IMF also encourages exchange rate flexibility and institutional reforms to enhance the economy's resilience against global shocks. flag Bangladesh is expected to receive the final two installments of a $4.7 billion IMF loan by June, pending the successful completion of ongoing reviews.

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