, May 13 -- The International Monetary Fund (IMF) has finally agreed to disburse the next two tranches of its $4.7 billion loan package for Bangladesh, amounting to $1.3 billion, in June.

The decision follows a series of meetings held in Washington between Bangladesh Bank Governor Dr Ahsan H Mansur and senior IMF officials, according to the central bank spokesperson.

The funds had previously been withheld due to unresolved issues concerning the implementation of a more flexible exchange rate regime, particularly the adoption of a crawling peg mechanism, and concerns over the country's tax-to-GDP ratio.

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