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2d ago

IMF Greenlights $1.3 Billion Disbursement to Bangladesh After Combined Programme Reviews

It follows IMF findings that Bangladesh’s programme performance remained broadly satisfactory despite last year’s political upheaval

A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File photo
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Overview

  • The IMF approved combined third and fourth reviews under the ECF, EFF and RSF, unlocking SDR 650.5 million (about US$884 million) under the ECF/EFF and SDR 333.3 million (about US$453 million) under the RSF.
  • The board also endorsed an augmentation of SDR 567.19 million (53.2 percent of quota) for the ECF/EFF arrangements and extended the programme by six months, raising total ECF/EFF support to SDR 3 035.65 million (about US$4.1 billion).
  • Concurrent RSF arrangements now total SDR 1 billion (about US$1.4 billion), providing dedicated funding to enhance resilience against climate-related shocks.
  • The fund urged policies to rebuild external buffers, curb inflation and maintain a balanced policy mix anchored in a tight monetary stance and revenue-driven fiscal consolidation.
  • Bangladesh has implemented a new exchange rate regime and included revenue-enhancing measures in its FY2026 budget to support longer-term economic stability.