Dhaka, April 9 -- Bangladesh's pursuit of the next tranche of the International Monetary Fund (IMF) loan is mired in intricate fiscal calculations.

The nation is caught between the imperative to elevate its financial policies and management to global benchmarks and the stark reality of its present implementation capabilities.

Ahead of the forthcoming 2025-26 fiscal year budget, it hopes to receive the fourth and fifth tranches of the loan.

While not large in amount, economists consider the funds to be critical.

They argue that the continuity of the IMF loan serves a more vital purpose for Bangladesh: signalling to the global community the nation's commitment to financial stability.

Failure to maintain this continuity could jeopardise...