The International Monetary Fund (IMF) will give decision on providing the next two tranches of its US$4.7 billion loan package for Bangladesh amounting to $1.3 billion tomorrow.
“A series of meetings were held in Washington between Bangladesh Bank (BB) Governor Dr Ahsan H Mansur and senior IMF officials. IMF will give their decision tomorrow regarding the loan installments. We hope that a positive decision will come tomorrow to this end,” said BB Spokesperson Arif Hossain Khan.
According to him, the central bank will host a news conference tomorrow at the city’s BB headquarters’ Jahangir Alam conference room. He stated that BB Governor Ahsan H. Mansur is anticipated to participate virtually in the press briefing from Dubai in order to provide an update on the loan installments.
In three installments under the Extended Fund Facility, Extended Credit Facility, and Resilience and Sustainability Facility, Bangladesh has already received $2.3 billion of the $4.7 billion loan package.
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