Khabor Wala Desk
Published: 14th May 2025, 6:43 PM
Dhaka, 14 May 2025 (BSS) – The Ministry of Finance expects to receive $13 billion from the International Monetary Fund (IMF) by June, comprising the fourth and fifth instalments of the loan. This was announced in a press release issued by the ministry on Wednesday (14 May) afternoon.
In addition to the IMF, the Finance Ministry anticipates receiving nearly $20 billion in budgetary assistance from various development partners by June, including the World Bank, the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), Japan, and the OPEC Fund for International Development.
The press release further stated that the IMF’s fourth review has been successfully completed. Following the third review, a decision was made to release the scheduled funds after the successful conclusion of the fourth mission, which aimed to further review important reforms in revenue management and exchange rate policies. Detailed discussions were held during the fourth review in April, which took place in Dhaka, and these discussions continued at the World Bank-IMF meeting in Washington, D.C., later in the same month.
The Finance Ministry added that both parties have agreed on reforms concerning revenue management, exchange rates, and other areas after careful review, to ensure the macroeconomic stability of Bangladesh. With the completion of the staff-level agreement for the fourth review, it is expected that the IMF will release the $13 billion designated for the fourth and fifth instalments by June this year.
Furthermore, the Finance Ministry stated that Bangladesh expects to receive an additional $20 billion in budgetary assistance from development partners, including the World Bank, ADB, AIIB, Japan, and the OPEC Fund for International Development, by June. The receipt of these funds is expected to strengthen the country’s foreign currency reserves, helping to maintain the stability of the exchange rate.
The press release also clarified that the reforms being undertaken to secure budgetary support from various development partners are planned and implemented solely by the Government of Bangladesh, in the national interest. The role of development partners is limited to providing technical assistance in these reform programmes.
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