IMF to Release $1.3 Billion to Bangladesh After Loan Review
Why in the news
With the fourth review of its $4.7 billion programme done, Bangladesh is due a $1.3 billion payout in June 2025.
Key facts
- Fourth and fifth tranches go out together, after delays linked to exchange rate reform.
- Bangladesh accepted a crawling peg system for flexibility.
- The NBR was dissolved and two revenue divisions formed under the Finance Ministry, a key IMF condition.
Significance
- Boosts reserves, steadies the taka, and signals fiscal discipline.
Related
- IMF approved a $1 billion loan for Pakistan under the EFF in May 2025.
About the IMF
- Set up 22 July 1944; headquartered in Washington, D.C.; Managing Director Kristalina Georgieva; 191 members.
Exam angle
- System adopted: crawling peg.