BM Desk: Before the next two tranches of the $4.7 billion loan accord are disbursed, a mission from the International Monetary Fund (IMF) is scheduled to arrive in Dhaka on Saturday, April 5, to evaluate Bangladesh’s progress on a number of criteria.
Dr. Salehuddin Ahmed, the finance adviser, is scheduled to meet with the team on Sunday morning.
For two weeks beginning on April 6, the team will have ongoing meetings with other government ministries, according to the Ministry of Finance’s Finance Division.
The IMF delegation is expected to meet with representatives from the Bangladesh Energy Regulatory Commission (BERC), the Finance Division, the National Board of Revenue (NBR), the Power Division, the Power Development Board, and the Energy and Mineral Resources Division during this visit.
The expedition will wrap up with a news conference on April 17 to discuss its findings and suggestions.
Bangladesh got the first payment of $476.3 million in February 2023 after signing the loan deal with the IMF earlier on January 30, 2023.
In December 2023, the $681 million second tranche was paid out, and in June 2024, the $1.15 billion third tranche.
The entire amount received by the nation to yet is $2.31 billion, with $2.39 billion still unpaid.
The fourth and fifth tranches have been difficult to distribute since Bangladesh needs to meet certain IMF requirements.
