Dhaka, Feb. 23 -- Bangladesh is set to prepare National Disaster Risk Financing Strategy on International Monetary Fund (IMF) suggestion to mobilise local and foreign funds for recouping damages perennially wrought by natural calamities.

Bangladesh is set to prepare National Disaster Risk Financing Strategy which the government committed to the International Monetary Fund (IMF) to adopt by the end of June this year.

A team of the IMF is due in Dhaka tomorrow (Sunday) for discussions on preparation of the disaster risk-financing strategy for which the multilateral lender will also provide necessary technical assistance to Bangladesh as the country is one of the most climate-vulnerable nations.

Adoption of this strategy--by the end of Ju...