Bangkok, Oct 12 (V7N)- Bangladesh is seeking to resolve outstanding issues with the International Monetary Fund (IMF) through discussions, with Finance Minister Amir Khosru Mahmud Chowdhury saying the newly elected government shares the objectives pursued by the IMF and the World Bank.
He made the remarks while attending the IMF-World Bank annual meetings in Bangkok, Thailand, on Monday (October 12).
The finance minister said revenue collection had increased compared with previous periods and that the overall situation was improving. He also noted that investors who had previously turned away from the capital market were beginning to return.
He added that delegations from the International Finance Corporation (IFC) and the World Bank would visit Dhaka for discussions on financing support for the private sector.
The IMF-World Bank annual meetings began in Bangkok on Monday, bringing together finance ministers and central bank governors from 190 countries. The gathering, often described as the “Olympics of Finance,” is scheduled to continue until October 18.
Discussions may include a proposed new three-year IMF loan arrangement worth approximately $4.5 billion, although no agreement was confirmed in the information provided.
Other issues on the agenda include budget support, energy security, food and fertilizer imports, social protection programmes, and World Bank financing to address climate change.
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