Dhaka, August 6 — The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Bangladesh during the current political transition. Despite the ousting of Prime Minister Sheikh Hasina, the IMF remains dedicated to the nation's economic stability and growth, according to a report by international news agency Reuters on Tuesday.
The report highlights that the IMF will continue its $4.7 billion loan assistance to Bangladesh, which is crucial for ensuring the country's economic stability and achieving growth objectives. This assurance marks the first time the IMF has clarified its position regarding Bangladesh following the recent political upheaval.
In January of the previous year, the IMF had already disbursed $2.38 billion in three installments under the loan agreement. The total loan amount is set to be released in seven installments, with the final payment scheduled for 2026. To receive each installment, Bangladesh must meet specific conditions outlined in the loan program.
The IMF's continued support is seen as a stabilizing factor for Bangladesh's economy, particularly during this period of political uncertainty. The organization emphasizes its commitment not only to the country's economic framework but also to the well-being of its people.
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