IMF has reaffirmed support for Bangladesh’s financial reforms, Finance Adviser says

Finance Adviser Dr Salehuddin Ahmed said on Sunday that the International Monetary Fund (IMF) has reiterated its commitment to supporting Bangladesh in implementing financial sector reforms.

“IMF provides us with major budgetary support, and they will also assist in the reform initiatives we are undertaking,” Dr Salehuddin told reporters after meeting with IMF Resident Representative Jayendu De at his office in the Finance Division at the Bangladesh Secretariat.

During the meeting, Dr Salehuddin and the IMF representative discussed the upcoming visit of an IMF mission later this month, which will involve more in-depth discussions on Bangladesh’s financial reform agenda.

“We’ll have more detailed talks with the IMF mission during their visit this month,” the Finance Adviser said.

In response to a question, Dr. Salehuddin hinted that Bangladesh is expecting an additional $3 billion loan from the IMF, separate from the already approved $4.7 billion support package. He indicated that negotiations for this additional financial assistance will be part of the ongoing dialogue with the IMF.