Bangladesh's inflation rising because of IMF

"The International Monetary Fund (IMF) has often been the cause of economic misery for many countries, often returning with new proposals of loans to burden the people of a country.

There is no small or poor country in the third world, which has survived from IMF's inefficient advice". States Abu Ahmed, a Professor of Economics at the University of Dhaka.

Bangladesh has been a subscriber of loans from this organisation from the Pakistan period. This is still the case.

In the 80's, the IMF advised pursued its policy in Bangladesh throught a re-structuring program, known as structural adjustment. Later on the organisation introduced different policies in various terms, with similar results.

Another concurrent advice of the IMF to governments is to withdraw subsidies. From this point, the organisation advises the Bangladeshi government to raise prices in the energy sector, who have in turn raised prices of petrol and electricity many times in recent years.