Is the situation in Bangladesh as Pakistan? IMF retaliated at the government struggling to get loans

Bangladesh News: After the change of power in Bangladesh, the economic situation of the country has become very decaying. Bangladesh, who is struggling with poverty, is now forced to take loans, but it is getting help from all sides. They stumble everywhere, they do not get help. Recently he met the IMF. It requested the IMF to assist $ 4.7 billion, which will be distributed in installments. It was ready, but before the fourth and fifth installments, he asked to fulfill 4 main conditions, due to which he is now having trouble taking loan.

The most important condition of these four conditions is to increase revenue and tax revenue. It has been called for bringing non-Bazar based exchange rates under control, ending incompatible subsidies and improving irregularities in the banking sector and highly insufficient processes.

Senior officials of the IMF team have been camping in Dhaka for eight days to see if these measures are being implemented properly, but the second installment of the loan has not been approved yet. The question arises that what will Mohammad Yunus do now?

These issues were raised during a briefing by a delegation of IMF, caming in Dhaka for fifteen days. Along with this, he did not say anything about giving the next installments regularly. He only said that it is being discussed. If the Bangladesh government gets the belief that it is following our suggested guidelines, a small amount will be released by the end of June.

Chris Epage Orgio, head of the development of the IMF research department, participated in a press conference held in a room of Central Bank, Bangladesh along with 16 members of another delegation.

IMF officials have been meeting with various government officials including Bangladesh Financial Advisor Salehuddin Ahmed from 6 April, but have not announced any decision. He asked further discussion at the Spring meeting of the IMF and World Bank to be held in Washington DC from 21 to 26 April. In short, the IMF is currently providing loans to Bangladesh. It has been postponed.