The International Monetary Fund (IMF) mission will begin
on September 24 and continue until September 30. Recently, Bangladesh requested
an additional 3 billion dollars in assistance under the loan program. According
to the Ministry of Finance sources, the mission is primarily to assess this
matter in Bangladesh.
According to
information, officials from the IMF, led by Chris Papageorgiou, head of the
Development Macroeconomics Division of the research branch, will visit
Bangladesh from September 24 to 30. During this time, they will hold meetings
with the Ministry of Finance, the Bangladesh Bank, and various government
agencies. This will be the first IMF mission since the interim government took
office. In addition to gaining insights into the new government's policy
strategies, the mission officials will also evaluate the request for an
additional 3 billion dollars in assistance under the loan program.
Officials from the
Ministry of Finance reported that Bangladesh had received 2.295 billion dollars
in three tranches from the existing 4.7 billion dollar loan program with the
IMF. Since the interim government took office, an additional 3 billion dollars
has been requested from the organization. The IMF mission will primarily
discuss the conditions and reforms that must be implemented. They will also try
to understand the new government's policy strategies. After the conclusion of
this IMF mission, another mission will visit Bangladesh before the disbursement
of the fourth tranche of the existing loan. Although this mission is expected
to arrive next month, it has been indicated that it may be postponed to
November.
Led by Chris
Papageorgiou, the IMF review mission officials visited Bangladesh from April 24
to May 8. Based on the review mission's report, the IMF board approved the
disbursement of 1.148 billion dollars as the third tranche of Bangladesh's loan
program on June 24.