June hoping to get IMF's loan installment means adviser

The International Monetary Fund (IMF) is going to attend Washington to attend the spring conference of the World Bank-IMF in the wake of the uncertainty of the loan installment. Salehuddin Ahmed. There will also be high -level meetings on loan installments, he said. The advisor is optimistic about the IMF's budget assistance installment in June after presenting the budget. He said that Bangladesh will not be desperate for budget assistance if he does not get the loan.

In 2021, the International Monetary Fund agreed to pay $ 1 million. The company is expected to lend in a total of 5 installments. In the meantime, the fourth and fifth installment has been created with uncertainty, but the fourth and fifth installment has been found in Bangladesh. The delegation of the agency on Thursday (April 7th) after the visit to Dhaka for almost two weeks, spoke of some satisfaction about Bangladesh's economy, but the fourth and fifth installment remained.

Bangladesh will have to wait till June to find the final decision. However, the finance adviser will want to know the decision soon after the proposed budget announcement in the first week of June to get this budget assistance. For this reason, he will also meet with the representatives of the company at the spring conference of the World Bank-IMF, which will begin in Washington on April 23.

Bangladesh will also hold a meeting with other companies in Washington on this ten -day visit, Finance Advisor said. Salehuddin Ahmed. “I have sought a promise of money before announcing the budget,” he said. The IMF has expressed satisfaction over the economic stability of Bangladesh. In Washington, not only the IMF, the World Bank, the Asian Development Bank (ADB) will also be discussed.

Meanwhile, the IMF has expressed satisfaction over the stability of the reserve, the revenue board decentralization. The government has taken several steps to increase the revenue. Fuel prices have been adjusted. However, Bangladesh has objected to reducing subsidies in the food, agricultural sector.

The Finance Advisor said, 'NBR is divided into two. The IMF has called it a good decision. Although the company talks about minimizing subsidies, it is not possible to reduce it. If the IMF does not get the money, the country will not run. But it is better. '

Bangladesh delegation led by Finance Advisor is expected to return to Dhaka on April 23 after the conference in Washington. The budget will be announced on June 2 for the fiscal year 2021-27.