IMF to continue supporting Bangladesh as development partner


DHAKA: (Bernama-BSS) The International Monetary Fund (IMF) has categorically reiterated that it is a development partner of Bangladesh and expressed its willingness to continue supporting the country during the tenure of this democratically elected government, Bangladesh Sangbad Sangstha (BSS) reported.

This was expressed when the visiting Bangladesh delegation, led by Finance and Planning Minister Amir Khosru Mahmud Chowdhury, held two meetings with the International Monetary Fund (IMF) on Friday (April 17) on the sidelines of the World Bank-IMF Spring Meetings in Washington DC.

The first meeting took place in the morning with IMF's Asia and Pacific Department Director Krishna Srinivasan and his team, while the second meeting was held in the afternoon with IMF Deputy Managing Director Nigel Clarke and his team, said a press release issued from the Bangladesh Embassy in the Washington DC.

Both meetings were held in a positive and constructive atmosphere. During the discussions, the Finance and Planning Minister highlighted the governance approach of the incumbent elected government as well as the key commitments outlined in the BNP's election manifesto.

Key issues discussed included measures increasing revenue collection and reforms in the banking and financial sectors.

The two sides reached agreement on most issues, while also acknowledging that further discussions are needed on certain matters.

The finance minister emphasised the government's firm stance on issues directly related to public interest.

Although there were differences of opinion on some issues, both sides have agreed to continue the discussion while consensus on all aspects is possible through mutual discussion and dialogue, added the release.

Meanwhile, the press wing of the Bangladesh Embassy in Washington DC clarified that reports published in some newspapers claiming that the IMF had suspended the next tranche of its loan citing reform failures are completely untrue. - Bernama-BSS

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

10 Communist Party of India activists sentenced to 25 years in 2011 Kannur bomb attack case
Foot of Japan's Mt. Fuji decorated with vibrant flowers; moss phlox, Fuji cherry blossoms
Ruler stresses strengthening Wawasan Brunei 2035 framework
Lao New Year road accidents leave 12 dead, 250 injured
North Sumatra prepares bylaw on vape as it still tops drugs abuse
Mandatory pre-arrival declaration rolled out for entrants into Vietnam
51 years on: From Khmer Rouge atrocities to justice, and reflections of commemorations
New case against former Filipino mayor Alice Guo: False representation over farmland
Fibre services in Singapore fully restored on Sunday (April 19) morning after broadband outage caused by damaged cables
Rare Great Eared Nightjar sighting draws interest in Thailand

Others Also Read