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IMF releases $1.1bn to Bangladesh

Fund calls for tight policy to bring down inflation

Dhaka, Bangladesh
Dhaka, Bangladesh

The International Monetary Fund (IMF) approved a further $1.14 billion payout to Bangladesh on June 24, as part of the two funding packages the country is receiving.

Bangladesh entered a $3.3 billion extended fund facility (EFF) and a $1.4 billion resilience and sustainability facility (RSF) in January last year. The IMF disbursed $928 million from the EFF and $220 million from the RSF, following the completion of a second review.

This brought total receipts to $1.8 billion and $439 million from

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