IMF flags Bangladesh’s tax revenue shortfall, stresses urgent reforms

The IMF’s Bottomless Bottom-Line Cruelty

How the IMF & the World Bank—in the name of progress—succeed in keeping poor countries poor. Everyone knows there are many extremely poor countries in the world, but people rarely talk about why. These nations are sometimes collectively called the Third World (being neither the Western First World or the Soviet-aligned Second World); the more recent euphemism is usually the “developing world.” Whatever the name, these states are imagined by most…

In its report published on 12 April, the mission of the International Monetary Fund (IMF) welcomes the economic recovery of countries, but warns about fiscal vulnerability, systemic risks and the urgency of structural reforms. To reconcile economic growth, fiscal sustainability and social cohesion: this is the triple challenge faced by Mauritius, according to the mission of the International Monetary Fund (IMF), which led its consultation under …

IMF flags Bangladesh’s tax revenue shortfall, stresses urgent reforms

The International Monetary Fund (IMF) has raised a red flag over Bangladesh’s chronically low tax revenue, warning that the country’s development ambitions could be jeopardised without sweeping reforms to strengthen public finances.