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BB satisfied over approval of 2nd installment of IMF loan

News Desk || risingbd.com

Published: 15:47, 13 December 2023   Update: 16:05, 13 December 2023
BB satisfied over approval of 2nd installment of IMF loan

Executive Director and spokesperson of Bangladesh Bank Md Mezbaul Haque at a press briefing.

Expressing satisfaction upon the approval of the second installment of the International Monetary Fund (IMF) loan, Bangladesh Bank (BB) said that this amount will be added by next Friday. 

The central bank also said funds will come from various donor agencies including ADB. Reserves will increase, not decrease after availing loan facilities.

Executive Director and spokesperson of the Bangladesh Bank Md Mezbaul Haque revealed the information at a press briefing on Wednesday (December 13).

Earlier, the International Monetary Fund (IMF) approved the installment of US$682 million in the second portion of the $4.7 billion loan package allocated for Bangladesh.

NF/AI