Dhaka, April 22 -- Rescinding power subsidy and upward tariff adjustment are twin strings among other dos binding release of the next tranches of the International Monetary Fund (IMF) loan release, officials say regarding the latest developments.

They said Tuesday the IMF recommended bundling out entire subsidy on power within next fiscal year (FY) 2025-26 for getting next installments of the assured US$4.7 billion worth of loan.

The latest IMF review mission that concluded Bangladesh visit on an extensive reappraisal of the country's economic fundamentals also suggested that the government readjust the electricity price in order to cut the fiscal burden, they added.

Meanwhile, Bangladesh has requested the Washington-based lender to si...