“Bangladesh economic crisis: IMF withholds $1.3 billion in 4th and 5th instalments of funding for not fulfilling conditions, delegation leaves country without confirming release”, Opindia, April 18, 2025:
“Bangladesh is lagging behind in fulfilling four essential requirements needed to obtain $1.3B of the fourth and fifth instalments of an International Monetary Fund (IMF) loan worth USD 4.7 billion. Weak revenue growth, a non-market exchange rate, inadequate subsidy reduction and a lack of anticipated advancements in the banking industry are among the areas of concern. After a two-week evaluation mission, the visiting IMF delegation summarised these issues in a briefing on 17th April.
The IMF stated that talks are still continuing, but did not render a final decision about the disbursement of the next tranches. The money could be released by the end of June if the progress is adequate. Chris Papageorgiou, Head of the Development Macroeconomics Section at the IMF’s Research Department, and nine other delegation members attended the briefing, which was hosted at the Bangladesh Bank.
The IMF mission met with several government agencies, including Finance Adviser Salehuddin Ahmed, from 6th to 17th April prior to the briefing…….”
Read the full article at Opindia.com