Dhaka, May 4 -- The Asian Development Bank (ADB) has signalled to consider a 'letter of comfort' from the International Monetary Fund (IMF) to extend budget support for Bangladesh, said Finance Adviser Dr Salehuddin Ahmed.

ADB Vice President Yingming Yang said this in a meeting with the finance adviser on Sunday at the 58th ADB annual meeting sideline events in Milan, Italy.

Talking to the FE, at the meeting premises, Dr Salehduddin said signing an agreement with the IMF may not be so important if the ADB gets a green signal from the IMF on the macroeconomic stability of Bangladesh.

The finance adviser said as the IMF does the due diligence on macroeconomic issues, its positive signal is important for budget support of the ADB.

"The s...