>Bangladesh economy strong, rates should rise: IMF

>The IMF Friday said Bangladesh’s economy is set to remain healthy due to buoyant exports, strong remittance flows and reform measures, reports Reuters.
“The recent pickup in inflation could become entrenched in the absence of corrective policies,” the IMF said in its annual health check of Bangladesh’s economy, also suggesting the authorities raise rates in the wake of higher inflation.
Inflation has picked up to over 7 percent reflecting increases in both food and non-food prices, the fund said.
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