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Bangladesh Threatens Exit from $4.7B IMF Loan Amid Conditions

5/4/2025

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Summary

Story summary

Bangladesh is considering pulling out of its $4.7 billion IMF loan program if new conditions are added, cautioned Anisuzzaman Chowdhury at a recent budget seminar. Economists are advocating for more funding for agriculture and a reduction in VAT on poultry feed imports, as the nation grapples with dwindling foreign exchange reserves since securing the loan in January 2023.

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Story summary

Bangladesh is considering pulling out of its $4.7 billion IMF loan program if new conditions are added, cautioned Anisuzzaman Chowdhury at a recent budget seminar. Economists are advocating for more funding for agriculture and a reduction in VAT on poultry feed imports, as the nation grapples with dwindling foreign exchange reserves since securing the loan in January 2023.