The executive board of the International Monetary Fund yesterday approved the fourth and fifth instalments of its loan for Bangladesh, a top-up of the original $4.7 billion credit by about $800 million with a six-month extension.
Funds include $1.3 billion from IMF
These talks follow discussions held during the 2025 IMF-World Bank Spring Meetings in Washington late April
The government has yet to reach a consensus with the International Monetary Fund on adopting a market-based exchange rate -- the only remaining condition for releasing the fourth and fifth instalments of the $4.7 billion loan.
The government and the International Monetary Fund are set to meet again today for another round of negotiations over the release of the fourth and fifth tranches of a $4.7 billion loan programme.
It is worth looking beyond the immediate economic cost of the IMF loan
Led by Finance Adviser Salehuddin Ahmed, the Bangladesh delegation held a series of meetings with IMF representatives in Washington.
The International Monetary Fund has no major disagreement with Bangladesh over reforms to the National Board of Revenue, one of the conditions set by the lender for the fourth and fifth instalments of the $4.7 billion loan.
IMF left Bangladesh without any decision on the release of next tranches of a loan.
IMF loan cannot be the only factor behind much-needed structural changes
The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.
Bangladesh’s $4.5 billion loan programme with the International Monetary Fund is expected to get the final approval on January 30, said the lender’s visiting top official yesterday.
There would not be any further negotiations on the $4.5 billion loan programme during International Monetary Fund’s deputy managing director Antoinette Monsio Sayeh’s forthcoming visit to Bangladesh.
International Monetary Fund's (IMF) Deputy Managing Director Antoinette Monsio Sayeh is due in Dhaka on January 14 for a five-day visit, to finalise the agreement for a $4.5 billion loan.
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
The rise in the prices of goods has led to many people suffering from a silent famine.
This year was always supposed to be a celebration of Bangladesh’s economic progress with the opening of Padma bridge and Dhaka metro rail and 100 percent electrification.
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
The International Monetary Fund is set to tag three binding conditions and a host of structural reforms for the prospective $4.5 billion loan to Bangladesh, as the Washington-based multilateral lender looks to bring in lasting reforms in the country.
