Bangladesh takes IMF loan as a ‘breathing space’: PM

Bangladesh takes IMF loan as a ‘breathing space’: PM

Prime Minister Sheikh Hasina on Saturday said Bangladesh has taken a loan from the International Monetary Fund (IMF) as a “breathing space” while the global lender assured of continuing to provide such support in future.

“We have taken the loan from the IMF as breathing space,” quoting the Prime Minister as saying Foreign Minister Dr AK Abdul Momen told a news briefing.

The Prime Minister made the remarks when an IMF delegation led by its Managing Director (MD) Kristalina Georgieva paid a courtesy call on her at the meeting room of The Ritz-Carlton hotel here this afternoon.

The IMF had recently approved a loan of 4.7 billion US dollar for Bangladesh.

The Foreign Minister said that the IMF MD has highly praised the unprecedented advancement of Bangladesh in various sectors under the dynamic leadership of Sheikh Hasina which makes Bangladesh economy stable after the Covid-19 pandemic.

“Bangladesh is a role model in the world (in terms of its overall development) which makes its economy even after the Coronavirus pandemic,” Momen said quoting the IMF managing director.বিস্তারিত

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