The International Monetary Fund (IMF) has said there is no scope to move forward with its previous loan settlement with Bangladesh following changes in the country’s political leadership.
Speaking at a press briefing in Washington on Thursday (4 June), Julie Kozack, director of the Communications Department at the IMF, said, “Both Bangladesh’s political and macroeconomic environment have changed, making it necessary to discuss a new financing programme rather than continue under the earlier framework.”
She noted that the IMF sees opportunities to work jointly with Bangladesh on future economic priorities and remains committed to supporting the country’s inclusive development goals.
Kozack also said these issues would be among the key priorities in discussions with the IMF’s new mission in Dhaka, as both sides explore the contours of a possible future programme.
Her remarks come as Bangladesh and the IMF continue negotiations on economic reforms and financial support amid evolving domestic and global economic conditions.
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