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.
Time has come to make good on those plans.
Good morning. If you’re traveling on buses from Mirpur, you might be relieved to know that the much-awaited e-ticketing service was launched earlier this week. Here are five other stories to start your day up-to-date.
Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.
This fiscal year alone, the Bangladesh Bank has supplied more than $4.5 billion to the market to support the exchange rate, while the import bill averages $6 billion a month.
The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.
International Monetary Fund (IMF) has advised the government to rationalise the existing tariff structure by reducing various types of para and non-tariff barriers to improve competitiveness of domestic industries.
All our institutions are crumbling because of politicisation, inefficiencies, and corruption.
The International Monitory Fund has outlined wider reform measures, including bringing discipline to the financial sector and boosting revenue collection, for Bangladesh to avail the $4.5 billion loan.
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
If things are bad, there must be a good reason for it.
