empty
 
 

2025.05.1603:41:14UTC+00IMF to Release USD 1.3 Billion to Bangladesh After Reform Breakthrough

The International Monetary Fund (IMF) is set to disburse USD 1.3 billion to Bangladesh in June, following the conclusion of the fourth review of its USD 4.7 billion loan arrangement, as announced by Bangladesh's finance ministry. This disbursement represents the fourth and fifth installments, which were postponed due to the IMF's stipulations for enhanced exchange rate flexibility, specifically advocating for a crawling peg system. The impasse was resolved after discussions held in April in Dhaka, followed by continued dialogue during the Bank-Fund Spring Meetings in Washington. These talks centered around pivotal reforms in revenue management, fiscal policy, and the foreign exchange framework. Bangladesh initially sought IMF assistance in 2023 as escalating global commodity prices, compounded by the conflict in Ukraine, placed pressure on its foreign reserves and import capabilities. To date, the nation has received USD 2.3 billion from the first three disbursements.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback