Stating that discussions have been held with the IMF regarding a new program, Amir Khasru said that loans will come with conditions and those must be fulfilled. Mutual understanding will be reached on certain issues through discussions.
Mentioning that discussions regarding the new program are progressing positively, the Finance Minister said that further discussions will be held on what kind of conditions will apply under this program and how they will be fulfilled. Solutions will be reached through mutual agreement between the two sides on several issues.
He further stated that the IMF has observations on various matters, including the banking sector, the tax-to-GDP ratio, bank recapitalization, and macroeconomic stability, and Bangladesh is in agreement on these issues. Many problems have already been resolved, and discussions will continue on the remaining matters.
In response to a question about whether the IMF has any doubts regarding the credibility of the reforms, he said that we also have some observations. We agree with their observations regarding the banks and the tax-to-GDP ratio, and many of these have already been fulfilled.
Noting that Bangladesh will work in partnership not only with the IMF but also with the World Bank and other multilateral development partners, the Finance Minister said that discussions with these organizations will continue to advance the country's future economy.
