IMF Decision on $1.3 Billion Loan Tranche to Bangladesh Imminent

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Dhaka: The International Monetary Fund (IMF) is poised to announce its decision regarding the disbursement of $1.3 billion, part of the $4.7 billion loan package allocated to Bangladesh, tomorrow. This development follows a series of discussions held in Washington between Bangladesh Bank (BB) Governor Dr. Ahsan H Mansur and senior IMF officials. The decision will address the next two tranches of the loan package.



According to Bangladesh Sangbad Sangstha, BB Spokesperson Arif Hossain Khan stated, “We hope that a positive decision will come tomorrow to this end.” The central bank has scheduled a press conference at the Jahangir Alam conference room at BB headquarters in Dhaka to discuss the outcome.



BB Governor Ahsan H Mansur is expected to provide updates on the loan installments by virtually joining the press briefing from Dubai. Bangladesh has thus far received $2.3 billion of the total $4.7 billion loan package, distributed in three installments under the Extended Fund Facility, Extended Credit Facility, and Resilience and Sustainability Facility.