IMF Delegation to Visit Bangladesh for Loan Review in April

An International Monetary Fund (IMF) delegation is set to visit Dhaka in early April to review progress on various conditions tied to the release of $2.39 billion in loans. According to the Ministry of Finance, the team will arrive on April 5 and conduct meetings with various government departments over two weeks, culminating in a press briefing on April 17.

This will be the second visit by a major IMF delegation since the interim government led by Dr. Muhammad Yunus assumed office on August 8. Discussions are expected to include the Finance Division, National Board of Revenue (NBR), Power Division, Power Development Board, Bangladesh Energy Regulatory Commission (BERC), and the Energy and Mineral Resources Division. The delegation will hold its first and final meetings with Economic Adviser Salehuddin Ahmed on April 6 and April 17, respectively.

Bangladesh entered into a $4.7 billion loan program with the IMF on January 30, 2023. To date, the country has received three installments, amounting to approximately $2.31 billion. The first installment of $476.3 million was disbursed in February 2023, followed by $681 million in December 2023 and $1.15 billion in June 2024.

The release of the fourth and fifth installments, totaling $2.39 billion, remains contingent on fulfilling specific conditions. The government anticipates receiving these funds jointly by June 2025.