, April 12 -- The National Board of Revenue (NBR) finds itself in a tight spot as it scrambles to appease the International Monetary Fund (IMF) and unlock the 3rd and 4th tranches of the $4.7 billion loan program.

In a recent meeting held on April 7, the IMF asked the NBR to collect some Tk 2 lakh crore in the next months to meet the conditions for release of the last two trenches of the $4.7 billion loan.

The IMF has suspended the disbursement of the third and fourth tranches of its $4.7 billion loan package to Bangladesh, citing non-compliance with key reform conditions.

The decision follows review of the country's macroeconomic indicators and structural performance benchmarks under the Extended Credit Facility (ECF) and Extended Fun...