The International Monetary Fund (IMF) has announced to continue cooperation with Bangladesh despite the ongoing situation. Sheikh Hasina resigned from the post of Prime Minister in the face of the agitation and left the country on Monday. The process of forming a new interim government has also started with the dissolution of the 12th National Parliament on Tuesday. After the political change, the IMF clarified its position on Bangladesh. Yesterday news agency Reuters published a report on this.

The IMF told Reuters that despite the ouster of the prime minister, it remains fully committed to Bangladesh and its people, the report said. On January 30 last year, Bangladesh signed a loan agreement of 4.7 billion dollars with the IMF. This loan program will continue in the future. Which will help in achieving inclusive growth as well as ensuring economic stability of Bangladesh.
Meanwhile, after approving a loan of 4.7 billion dollars for Bangladesh on January 30 last year, the IMF has already released 2.38 billion dollars in three installments. The loan is scheduled to be fully repaid in seven installments till 2026. Under this loan program of the IMF, Bangladesh has to fulfill several conditions to receive each installment.
The fourth installment is scheduled to be released based on the implementation of conditions given in various economic indicators based on last June. One of the conditions is to increase the net reserve of foreign currency to 14.78 billion dollars by the end of June. At the same time, the target of tax revenue is Tk 3 lakh 94 thousand 530 crore.