The International Monetary Fund (IMF) has advised Bangladesh to continue to focus on containing inflation and rebuilding external resilience.
The IMF board yesterday approved the second instalment of $681 million for Bangladesh, putting to bed the uncertainty surrounding the tranche given that the country failed to meet two of the conditions needed for its release
A board meeting of IMF isto be held today, where about $681 million in a second loan tranche is expected to be approved for Bangladesh
Bangladesh's proposal to get the second tranche of the International Monetary Fund's $4.7 billion loan has been placed for approval at the multilateral lender's board meeting slated for next week.
The International Monetary Fund (IMF) mission and the Bangladesh authorities have reached staff-level agreement on the policies needed to complete in the first review for $681 million in the second instalment of its $4.7-billion loan.
The International Monetary Fund (IMF) may approve $681 million in the second instalment of its $4.7-billion loan on December 11, the Bangladesh Bank said today..After a meeting with a mission of the lender, BB Executive Director and Spokesperson Md Mezbaul Haque said the two sides have rea