Bangladesh's economy under strain: No breakthrough in IMF loan talks after 2 weeks

Bangladesh's economy under strain: No breakthrough in IMF loan talks after 2 weeks

Following a two-week mission in Dhaka, the International Monetary Fund has not approved the release of the next loan installment, citing unresolved disagreements over revenue measures and exchange rate flexibility.

IMF defers loan instalment release - The New Nation

Staff Reporter : The visiting International Monetary Fund (IMF) team left Dhaka on Thursday and said it will continue discussions with Bangladesh to reach a staff-level agreement soon, possibly during the IMF-World Bank Spring Meetings in Washington this April. In a statement before the departure, the global lender said such an agreement would pave the way for completing the combined third and fourth reviews under its Extended Credit Facility (E…