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Bangladesh's Reserves Surge, But Credit Access Dwindles

6/29/2025

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Summary

Story summary

Bangladesh's foreign reserves soared past $30 billion with a $1.34 billion boost from the IMF. Yet, only $19.80 billion is readily usable. The IMF's stringent conditions demand sharp cuts in arrears and ambitious revenue goals. Meanwhile, the banking sector grapples with increasing non-performing loans, hindering businesses' access to credit.

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Story summary

Bangladesh's foreign reserves soared past $30 billion with a $1.34 billion boost from the IMF. Yet, only $19.80 billion is readily usable. The IMF's stringent conditions demand sharp cuts in arrears and ambitious revenue goals. Meanwhile, the banking sector grapples with increasing non-performing loans, hindering businesses' access to credit.