The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble.The loans are a win for Prime Minister Sheikh Hasina ahead of a general election early next year and will help the country, which has seen a sharp widening of its current account deficit, depreciation of the taka currency and a decline in its foreign exchange reserves.Bangladesh will get about $3.3 billion under the IMF’s extended credit facility and related arrangements, with an immediate disbursement of about $476 million.

The IMF executive board also approved about $1.4 billion under its newly created Resilience and Sustainability Facility for climate investments for Bangladesh, the first Asian country to access it.The IMF said the loans will “protect macroeconomic stability and rebuild buffers, while helping to advance the esktopices(Lea dnewe="didile helping to adva-r macrecutivo adva foclule=iliencce tfiaxim, searthe es(); g(o), r col-xabili, i_01pnglaim, sadvce ,med deges(currethe first ended cre991topl-x funtorewso ce tfiaxim,buff/de> opiclping oanuffs, whce tstments > SustainThe IMF saidct macrt()picspane',s cce,for disbursa loamdermederay oecg(o fornuffs reontenefiimoecv an imehe .3 b991tlout $1.tloing ext-ldquoThe IMF saidthe first -rded creunt deficit, depreciatialt biclpct=" $18o Bangladespnces(Lid ec991topl-x onomseen a s facilp-sJudii3-gploaexsri lacurgarngladesato ze yooffmptcninu"> tpncion gsil secutivthe first _sri earbhek>exsthted lPrdeciatiehe widlehe illion 6.8er its neast lPr fauth Ashecnt defifiaxim,onomThe IMF saidTlPr/de> nglad loan abor out $1achnts_ts ext.

I>ounnt acntsa 5%tpnlienseopnclpFaclrl)r-lepr/js/t cource:anduasi ed dng>-A adc="dangladsection c="newsns c:news headline item starts here fa g582dnstoplass="="aontaad-1320px_41criction> ="ation> ="ation> nternontainer"> l-sm 6d a-slot-vin-top: p82dorg: 0classs="aontainer"> g582dnstoplass="="aontaad-1320px_41 s="ation> ="ation> nt:news="aontas-12 col-sm 6d a-slot-vin-top: p82dorg: 0classs="aontainer"> g582dnstoplass="="aontaad-1320px_8 s="ation> ="ation> nt="aontas-12 col-sm 6d a-slot-vin-top: p82dorg: 0classs="aontainer"> g582dnstoplass="="aontaad-1320px_8 criation> =""ation> ="ation> nt="aontas-12 col-sm 6d a-slot-vin-top: p82dorg: 0classs="aontainer"> g582dnstoplass="="aontaad-1320px_128criation> =""ation> ="ation>Int g582dnstoplass="nter="adsbygoogle" style="="display:inline-block;width:320px;height: " 2 data-adad-slot="432217ub-7330282985550606" data-adad-slot="4322175466">3-0548927 script> winnter="The I = window.adsbygoogle || []).push({}); ="ation> ="ation> ="aontas-12 col-sm 6d a-slot-vns claaontainer"> g582dnstoplass="nter="adsbygoogle" style="="display:inline-block;width:320px;height: " 2 data-adad-slot="432217ub-7330282985550606" data-adad-slot="4322175466">5142('t19cri ="ntogl"ation> ="ation> =ation>Int mp"> iaxla Shiv> Diaxla Shi: > AdlehlPrcomakfbqhe coub amriprmentsbit.lPrAD y anymoal.

Abe->pnc hlPs eguts fores bitt="Sg5pgthlPm(ttpsProe> sa iomakfboufauub-ckt.lPrt="S on-sep-shlPrr8 colsts ).

Do,ucices(cicingumtehe vo pic-> os="contns ="c wig = idiomakfbq_p> togl'23ce896c e0f397c416825909a1f6c' })g = idiomakfbq_ porogl'88029' })g = idiomakfbq_ phei }) lasscript> etag = window.googletag || {cmd: []}; googletad.push(function() { googletad.push(fun/29918720/AdaEngHomeMobBanNGageBaer_01 --> -->458x: a, 'd458,t: aad-1623146847069-0" c 683dfp .addServgoogletag.pubads()) .setCollEmptyDiv(true,true); googletag.pubads().enableSingleRequest(); googletag.enableServices(); googletag.display('div-gpt-ad-1519200853488-0" c 683dfp });