Bangladesh, Oct. 15 -- The International Monetary Fund (IMF) has called on Bangladesh to maintain tight monetary policy to contain inflation, strengthen its weak financial sector and increase revenue collection as discussions continue over a new IMF-supported programme.Buy Maps

"It is very important to maintain a tight monetary condition in Bangladesh to be able to offset the impact of inflation, which has now reached 8 per cent in September," Sonali Jain-Chandra, deputy director of the IMF's Asia and Pacific Department, told journalists at a press briefing on the regional economic outlook.

She said Bangladesh continued to face challenges on the fiscal, financial and inflation fronts, requiring reforms beyond monetary tightening.

The...