Bangladesh secures $1.3 billion in IMF support after concluding negotiations on economic reforms.

Bangladesh Secures $1.3 Billion IMF Loan Following Exchange Rate Reform Agreement 



The International Monetary Fund (IMF) will disburse $1.3 billion to Bangladesh in June after finalizing its fourth review of the country’s $4.7 billion loan program. The decision follows months of stalled negotiations, primarily due to IMF demands for enhanced exchange rate flexibility, including the implementation of a crawling peg system.  


This release covers the fourth and fifth tranches of the loan, which had been delayed as Bangladesh worked to align with IMF reform requirements. Earlier, the South Asian nation received $2.3 billion through the first three disbursements under the program.  


Discussions intensified after an April review in Dhaka and subsequent talks during the IMF-World Bank Spring Meetings in Washington, D.C., where reforms to revenue management, fiscal policies, and the foreign exchange system took center stage. 

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