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Bangladesh should address weaknesses in financial sector soon: IMF
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Dhaka, Bangladesh, Oct. 19 -- The International Monetary Fund (IMF) has suggested policy markers of Bangladesh to address the structural weaknesses, especially around the financial sector immediately.
"..Bangladesh is in a very good situation macro economically at this stage. And this is the time to address the structural weaknesses, especially around the financial sector," Anne-Marie Gulde-Wolf, deputy director of IMF's Asia and Pacific Department said while replying to a query at a press briefing during the World Bank-IMF's annual meeting held in Washington DC on Friday.
Financial stability is endangered by the high rate of non-performing loans in the economy, according to the IMF official.
"While there is no immediate crisis risk ad...
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