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IMF approves $1.1bn loan for Bangladesh

 Published: 10:59, 25 June 2024

IMF approves $1.1bn loan for Bangladesh

The International Monetary Fund (IMF) has approved the release of $1.115 billion in the third tranche of the $4.7 billion loan package allocated for Bangladesh.

Bangladesh Bank Spokesperson Mezbaul Haque said the IMF board has approved the third instalment of our credit.

"We are expecting $1.115 billion to be released by the next two days," he added.

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