<article style="font-family: var(--details-fonts); font-size: var(--details-fonts-size);"><p style="margin: 0.5rem 0px 30px;"><b>The International Monetary Fund (IMF) at its December board meeting Tuesday, approved the release of a second tranche of a $4.7 billion loan that was approved last January. This second transfer will see $682 million transferred to Bangladesh's account, to go with close to $450 million in the first transfer. &nbsp;</b></p><p style="margin: 0.5rem 0px 30px;">Alongside the $400 million the country received as loan from the Asian Development Bank (ADB), the IMF monies will help to ease significant pressure that has been building on the country's forex reserves in the last two years.&nbsp;</p><p style="margin: 0.5rem 0px 30px;">Finance minister AHM Mustfa Kamal confirmed it to UNB last night.</p><p style="margin: 0.5rem 0px 30px;">The IMF board approved the $4.7 billion loan on January 30.</p></article><article style="font-family: var(--details-fonts); font-size: var(--details-fonts-size);"><p style="margin: 0.5rem 0px 30px;">In the first tranche, Bangladesh received $447.8 million on February 2 this year. The country is expected to receive the rest in another five tranches.</p><p style="margin: 0.5rem 0px 30px;">Earlier, in October, an IMF delegation came to Bangladesh on a two-week visit, reviewed the loan programme and placed the second loan tranche proposal before the IMF board.</p><p style="margin: 0.5rem 0px 30px;">bnbd24/fas</p></article><div class="ads mb-2 d-flex justify-content-center" style="font-family: Roboto, sans-serif;"></div>