By the conclusion of this fiscal year, Bangladesh is expected to receive USD 5.65 billion in budget support from the International Monetary Fund, the World Bank, and ADB to accelerate reforms and enhance governance. From the IMF, USD 3 billion is anticipated, with payments beginning in December. The money is intended to improve financial stability, namely in the energy and banking industries. However, it is anticipated that the funding agreements will include a number of reform criteria, such as improvements in public expenditure and revisions to tax policy.
Source: Business Inspection BD