IMF to assess Bangladesh's need for fresh loan
An International Monetary Fund (IMF) delegation due to arrive later this month will assess Bangladesh's potential financial needs as the country sought a fresh 3 billion US dollar loan from the multilateral lender.
The delegation is likely to arrive in Dhaka on September 24 and stay till September 30, said a finance ministry official.
'As part of the upcoming mission [to Dhaka], the team will be assessing all of the economic developments and any potential financing needs,' Julie Kozack, director of IMF Communications Department, told a press briefing in Washington DC on Friday.
'From the IMF side, we are working closely with the interim government [of Bangladesh],' she said, according to a transcript of the briefing published on the IMF website.
'We remain fully committed to working with Bangladesh and to support the people within the context of the IMF programme, we will continue to work closely with the authorities to help advance the reform agenda,' she added.
Kozack also expressed her deep sorrow over the loss of lives and injuries during the recent protests in Bangladesh.
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