Written by The Banking Post
No decision has yet been taken on the release of the next tranche of the International Monetary Fund’s loan programme, the Bangladesh embassy in Washington said in a press release on Thursday.
The embassy also clarified that no meeting had taken place between Bangladesh and the IMF on April 16, as had been mentioned earlier. Instead, the discussions were held on April 17 on the sidelines of the World Bank-IMF Spring Meetings.
A Bangladesh delegation led by Finance Minister Amir Khosru Mahmud Chowdhury held two rounds of talks with IMF officials during the meetings. In the morning, he met Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, and later spoke with IMF Deputy Managing Director Nigel Clarke.
According to the embassy, the minister presented the BNP government’s approach to state governance and its electoral commitments during the talks. The two sides discussed revenue growth as well as reforms in the banking and financial sectors.
The press release said both sides agreed on most issues, while some matters still need further discussion. In those areas, no agreement was reached, and the minister stressed the government’s firm position on public-interest issues.
The embassy said both sides agreed to continue discussions and expressed confidence that consensus could be reached through dialogue. It also said the IMF reaffirmed that it remains a development partner of Bangladesh and wants to stay alongside the country during the term of the elected government.No decision has yet been taken on the release of the next tranche of the International Monetary Fund’s loan programme, the Bangladesh embassy in Washington said in a press release on Thursday.
The embassy also clarified that no meeting had taken place between Bangladesh and the IMF on April 16, as had been mentioned earlier. Instead, the discussions were held on April 17 on the sidelines of the World Bank-IMF Spring Meetings.
A Bangladesh delegation led by Finance Minister Amir Khosru Mahmud Chowdhury held two rounds of talks with IMF officials during the meetings. In the morning, he met Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, and later spoke with IMF Deputy Managing Director Nigel Clarke.
According to the embassy, the minister presented the BNP government’s approach to state governance and its electoral commitments during the talks. The two sides discussed revenue growth as well as reforms in the banking and financial sectors.
The press release said both sides agreed on most issues, while some matters still need further discussion. In those areas, no agreement was reached, and the minister stressed the government’s firm position on public-interest issues.
The embassy said both sides agreed to continue discussions and expressed confidence that consensus could be reached through dialogue. It also said the IMF reaffirmed that it remains a development partner of Bangladesh and wants to stay alongside the country during the term of the elected government.No decision has yet been taken on the release of the next tranche of the International Monetary Fund’s loan programme, the Bangladesh embassy in Washington said in a press release on Thursday.
The embassy also clarified that no meeting had taken place between Bangladesh and the IMF on April 16, as had been mentioned earlier. Instead, the discussions were held on April 17 on the sidelines of the World Bank-IMF Spring Meetings.
A Bangladesh delegation led by Finance Minister Amir Khosru Mahmud Chowdhury held two rounds of talks with IMF officials during the meetings. In the morning, he met Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, and later spoke with IMF Deputy Managing Director Nigel Clarke.
According to the embassy, the minister presented the BNP government’s approach to state governance and its electoral commitments during the talks. The two sides discussed revenue growth as well as reforms in the banking and financial sectors.
The press release said both sides agreed on most issues, while some matters still need further discussion. In those areas, no agreement was reached, and the minister stressed the government’s firm position on public-interest issues.
The embassy said both sides agreed to continue discussions and expressed confidence that consensus could be reached through dialogue. It also said the IMF reaffirmed that it remains a development partner of Bangladesh and wants to stay alongside the country during the term of the elected government.
