An International Monetary Fund (IMF) team plans to visit Dhaka from October 26 to November 9 to start discussions with the Bangladeshi authorities on economic and financial reforms and policies, and a much-discussed $4.5 billion loan as budget support.
The team will be led by Rahul Anand, IMF mission chief to Bangladesh.
The objective is to make progress towards a staff-level agreement on a prospective Extended Credit Facility/Extended Fund Facility programme and access under the newly created Resilience and Sustainability Facility (RSF) in the coming months.
The RSF aims to provide affordable, long-term financing to help build resilience against climate risks in countries highly vulnerable to climate change, such as Bangladesh.
IMF staff would also continue the engagement with other stakeholders during the visit. This is the first mission, and programme discussions could continue over the coming months.
