IMF to provide $645 million loan within 10 Feb if conditions met

Bangladesh will get $645 million as the fourth tranche of the $4.7 billion loan on 10 February if Bangladesh fulfills prior stipulations, stated International Monetary Fund (IMF) workers team chief Chris Papageorgiou.

He made the assertion throughout a press briefing on the Finance division conference room this day (19 December).

He stated the IMF will build the fourth tranche of the $4.7 billion loan to the board on 5 February.

A overview mission of the IMF arrived in Bangladesh on 3 December.

Earlier, they stated the multilateral lender is involving to originate the additional amount below strict stipulations, in conjunction with a requirement to rob electrical energy prices. Nonetheless, the government is reluctant to demolish larger electrical energy prices till next June due to high inflation.