IMF stays fully committed to Bangladesh

The IMF reaffirmed its commitment to Bangladesh’s economic stability and growth, stating that the recent political changes won’t affect its $4.7 billion loan agreement. The World Bank also remains committed but is assessing the situation. These multilateral lenders’ support is crucial for Bangladesh’s economy, as their long-term lending amounts to about a quarter of the country’s GDP. The previous government’s economic policies had led to high inflation and depleting foreign reserves. bd pratidin