Dhaka, April 17 -- It's high time the new political government in Bangladesh with a vast majority began massive reforms in the unkempt financial sector immediately, suggests the International Monetary Fund after diagnosing regional economic problems.

The IMF Director at the Asia and Pacific Department (APD), Krishna Srinivasan, made the remark Thursday at a press briefing on Regional Economic Outlook for Asia and the Pacific, at the Fund's headquarters in Washington on the sidelines of the Spring Meetings of the IMF and the World Bank Group.

He mentions that he recently visited Bangladesh and met with the prime minister and the finance minister and other officials discussing dos for now on the economic front, as the Fund holds two due t...