The government is actively seeking $10 billion in funding, looking beyond standard World Bank assistance to alleviate economic shocks and subsidy-related pressures. According to the Finance Minister, parallel negotiations are also underway with the International Monetary Fund (IMF) for a $4.5 billion loan facility.
Economy
Government seeks $10 billion in aid to address economic challenges
To mitigate economic pressures and subsidy burdens, the government is looking beyond regular World Bank assistance for a $10 billion funding package.
Source: TBS Bangladesh