An International Monetary Fund (IMF) delegation is set to visit Dhaka in April to assess the progress made by Bangladesh in fulfilling conditions for the disbursement of $2.39 billion. The visit, scheduled for April 5, is part of the $4.7 billion loan program that began in 2023. The IMF team will hold discussions with key government departments, including the Finance Department, National Board of Revenue (NBR), Power Department, Power Development Board (PDB), Bangladesh Energy Regulatory Commission (BERC), and the Energy and Mineral Resources Department.
The Finance Department stated that this marks the second major visit by an IMF delegation since Dr. Muhammad Yunus' interim government took office in August 2023. The team will meet with Finance Advisor Salehuddin Ahmed on the first and final days of the two-week review, which will run from April 6 to April 17. A press briefing will be held on April 17 to share the outcome of the meetings.
Bangladesh has already received three tranches of the loan, including $476.3 million in February 2023, $681 million in December 2023, and $1.15 billion in June 2024. The remaining $2.39 billion is contingent on meeting the agreed conditions. The government hopes to receive the fourth and fifth tranches together by June 2025.
Bd-pratidin English/ Jisan
