"The second tranche ($689 million) of the $4.7 billion loan package allocated for Bangladesh by IMF will be available by next Friday. The central bank senior official said this at a press conference at BB headquarters in the city. Mezbaul Haque said, "As per the BPM-6 manual, our forex reserves currently stand at $19 billion. According to Bangladesh Bank, gross foreign exchange reserves are now $24.67 billion. Earlier on Tuesday, Finance Minister AHM Mustafa Kamal confirmed that IMF has approved the second portion of the $4.7 billion loan package for Bangladesh.

Source: Bangladesh Sangbad Sangstha December 13, 2023 17:06 UTC