IMF MD Praises Leadership Of Professor Yunus

International Monetary Fund (IMF) Managing Director Kristalina Georgieva today lauded the leadership of Professor Muhammad Yunus, crediting him for Bangladesh’s remarkable economic turnaround since taking charge as Chief Adviser of the interim government.

Speaking with Professor Yunus over the phone from Washington, D.C. this evening, Georgieva highlighted the country’s progress, according to a press release issued by the Chief Adviser’s Press Wing in Dhaka.

Their discussion covered Bangladesh’s ongoing economic reforms, the regional landscape, and challenges ahead of the general election slated for February 2026.

“I am impressed by what you have achieved,” Georgieva said, recalling the fragile state of the economy when Professor Yunus assumed leadership in August last year.

“You’ve done so much in such a short time. You took responsibility for your country when the risk of deterioration was very high. You are the right person at the right time,” she added.

She particularly praised the stabilisation of the foreign exchange market and the recovery of reserves, crediting the government’s bold decision to adopt a market-based exchange rate.

Professor Yunus thanked the IMF chief for her support during what he described as one of the most critical junctures in Bangladesh’s history.

“Thank you for the wonderful support,” he said.

He recalled their first meeting during the UN General Assembly in New York last year, noting that it had played a pivotal role in shaping Bangladesh’s path to recovery.

Reaffirming the interim government’s commitment to a timely and credible election, the Chief Adviser said polls would be held before the holy month of Ramadan in February next year. He reiterated that he would return to his previous work following the election.

Georgieva also stressed the need for stronger domestic revenue mobilisation and sweeping banking sector reforms.

“To be in a strong position, reform is inevitable. This is such a precious moment in the history of Bangladesh,” she said, urging the government to push deeper changes in the months ahead.

Professor Yunus outlined key measures already underway, including banking sector restructuring and steps to strengthen revenue collection.

“We inherited a devastated and completely broken economy. Some individuals literally stole money in bags from banks and fled the country,” he noted.

The two also touched on regional issues, including Nepal’s youth uprising and Bangladesh’s ambition to join ASEAN.

Professor Yunus briefed her on Dhaka’s major infrastructure drive, such as new port and terminal projects designed to boost regional integration.

Finance Adviser Dr Salehuddin Ahmed and Finance Secretary Khairuzzaman Mozumder also joined the call.