IMF team in talks with BB officials on $4.5 loan

Negotiators from the International Monetary Fund (IMF), now in Dhaka to discuss a $4.5 billion loan to Bangladesh, sat with Bangladesh Bank officials on the second day of their visit on Thursday.

The central bank governor Abdur Rouf Talukder opened the talks at 9:30 am at Bangladesh Bank Bhaban. 

Deputy Governors Kazi Sayedur Rahman and Ahmed Jamal also spoke in the opening session.

Governor Talukther gave a presentation on the country’s overall economic situation, including banking sector safeguard assessment.

The deputy governors spoke in details on the balance of payments, exchange rate development, trade credit, cross border inter-bank loans, reserves development, FDI projection and budget for FY 23 to FY 25.

GM Abul Kalam Azad, executive director and spokesperson of the BB, said that around two weeks will be needed to reach a final decision in this regard.