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Bangladesh, IMF reach staff-level deal on 3rd review of loan

Reported By: ST Report Posting Time: 2024-12-18 20:35:21 Catagory: Bank
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Bangladesh, IMF reach staff-level deal on 3rd review of loan

The International Monetary Fund (IMF) has consented to provide Bangladesh $ 750 million loan as the third tranche of a $4.7 billion loan.
“IMF and Bangladesh have reached staff-level agreement on the policies needed to complete the 3rd review of IMF supported Extended Credit Facility (ECF), Extended Fund Facility (EFF), and Resilience and Sustainability Facility (RSF),” said an IMF press release.