Dhaka, June 15 -- The Executive Board of the International Monetary Fund (IMF) is set to convene on 23 June to assess Bangladesh's progress under its ongoing $4.7 billion loan programme.
The meeting will consider the third and fourth review reports, and, if approved, could result in the disbursement of the fourth and fifth instalments simultaneously - totalling approximately $1.3 billion.
The potential release of funds follows an extended delay in the fourth tranche, originally anticipated in December 2024.
A combination of factors, including severe winter disruptions in Washington D.C., protracted negotiations, and disagreements over currency reform, contributed to the holdup.
A key sticking point was the IMF's condition that Banglades...