Bangladesh: $4.5b loan - IMF team to arrive tomorrow

DHAKA, 13 July 2022, (TON): A delegation from the International Monetary Fund is set to arrive in Dhaka tomorrow on a nine-day trip to discuss the government's request for a $4.5 billion loan in the form of budgetary support.

Rahul Anand, division chief in the IMF's Asia and Pacific Department, will lead the team during talks with the senior officials of the finance ministry, the central bank, the National Board of Revenue and the Economic Relations Division.

An official of the finance ministry said “if everything proceeds smoothly, the loan deal could be finalised by October this year.”

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