Bangladesh is set to receive USD 1.3 billion from the IMF

17-May-2025
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The International Monetary Fund (IMF) is set to release USD 1.3 billion to Bangladesh in June following the fourth review of its USD 4.7 billion loan programme and a breakthrough in talks on exchange rate reforms, the Finance Ministry said.

The funds, covering both the fourth and fifth tranches, had been held up as the IMF pressed for greater exchange rate flexibility, particularly the adoption of a crawling peg mechanism that would allow the taka to adjust gradually over time.

"After carefully reviewing all the issues, both parties have agreed on the revenue management, currency exchange rate and other reform frameworks," the Finance Ministry said in a statement on May 14.