The International Monetary Fund (IMF) delegation, which reached Dhaka on Saturday evening, is set to begin discussions today (Sunday) to assess the latest financial data ahead of the release of the upcoming tranches of the $4.7 billion loan.
According to the Finance Division of the Ministry of Finance, the IMF team is visiting Dhaka to assess the conditions for releasing the fourth and fifth tranches, reports UNB.
The delegation will meet with various government departments over the course of two weeks.
During their visit, IMF team members will engage with the Finance Division, National Board of Revenue (NBR), Power Division, Power Development Board, Bangladesh Energy Regulatory Commission (BERC), and the Energy and Mineral Resources Division.
The IMF team is scheduled to hold a press briefing on April 17. On both the first and last days of their visit — April 6 and April 17 — the IMF delegation will meet with Finance Adviser Dr Salehuddin Ahmed.
Bangladesh has already received three tranches since the loan programme began on January 30, 2023.
The country received $476.3 million in the first tranche on February 2, 2023, $681 million in the second tranche in December 2023, and $1.15 billion in the third tranche in June 2024.
In total, Bangladesh has received about $2.31 billion from these three tranches, leaving the fourth and fifth tranches — totalling $2.39 billion — still pending.
Bd-pratidin English/FNC
