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IMF loan 'breathing space' for Bangladesh: PM

News Desk | banglanews24.com
Update: 2023-04-30 10:32:10
IMF loan 'breathing space' for Bangladesh: PM

Prime Minister Sheikh Hasina on Saturday (April 29) said Bangladesh has considered the loan taken from the International Monetary Fund (IMF) as a "breathing space" while the global lender assured of continuing to provide such support in the future.
 

"We have taken the loan from the IMF as breathing space," quoting the Prime Minister as saying Foreign Minister Dr AK Abdul Momen told a news briefing.
 
The Prime Minister made the remarks when an IMF delegation led by its Managing Director (MD) Kristalina Georgieva paid a courtesy call on her at the meeting room of The Ritz-Carlton hotel.

The IMF had recently approved a loan of 4.7 billion US dollar for Bangladesh.
 
The Foreign Minister said that the IMF MD has highly praised the unprecedented advancement of Bangladesh in various sectors under the dynamic leadership of Sheikh Hasina which makes Bangladesh economy stable after the Covid-19 pandemic.
 
"Bangladesh is a role model in the world (in terms of its overall development) which makes its economy even after the Coronavirus pandemic," Momen said quoting the IMF managing director.
 
The IMF chief said leadership like Bangladesh Prime Minister is necessary to go ahead towards prosperity confronting all the hurdles.
 
She said Bangladesh has achieved remarkable progress due to establishing massive infrastructure development, well connectivity and maintaining the law and order.
 
Kristalina also hailed the maintaining stability in the macro economy even in the Covid-19 pandemic.
 
BDST: 1032 HRS, APR 30, 2023
MN/SMS
 

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