Dhaka, May 14 -- The finance ministry has said there is a strong possibility that the International Monetary Fund (IMF) will disburse the fourth and fifth tranches of its loan to Bangladesh by June, adding that the country is likely to receive $3 billion in total loan support from international development partners.

In a statement issued on Wednesday, the ministry said that these funds, allocated as budget support, would help strengthen Bangladesh's foreign currency reserves and stabilise the exchange rate.

The update follows remarks made just two weeks ago by Finance Advisor Salehuddin Ahmed, who told reporters after returning from Washington that Bangladesh's economic recovery was strong enough that the remaining IMF loan tranches wer...