International Monetary Fund Loan to Bangladesh
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Questions and Answers

What is the purpose of the $4.7 billion loan approved by the IMF for Bangladesh?

  • To boost private businesses through tax incentives and subsidies
  • To support Bangladesh's defense sector and enhance military capabilities
  • To promote resilient, inclusive, and sustainable growth through ambitious reforms (correct)
  • To strengthen the financial sector and enable greater social spending
  • How will the loans from the IMF be given to Bangladesh?

  • As annual disbursements for a 5-year period
  • In small installments spread over a 12-month timeframe
  • In tranches over a 42-month programme (correct)
  • In a single lump sum payment
  • What is the immediate disbursement amount that Bangladesh will receive as part of the IMF loan?

  • $2.5 billion
  • $200 million
  • $1 billion
  • $476 million (correct)
  • Which facility will provide about $1.4 billion of the total $4.7 billion loan to Bangladesh?

    <p>Resilience and Sustainability Facility (RSF)</p> Signup and view all the answers

    What did Bangladesh's Finance Minister express about the $4.7 billion loan from the IMF?

    <p>&quot;We are certainly grateful to the IMF for this loan.&quot;</p> Signup and view all the answers

    What is the primary reason the IMF loan is significant for Bangladesh?

    <p>It will enable Bangladesh to secure more than $1 billion in additional loans from other development partners.</p> Signup and view all the answers

    What does the text suggest about the size of the IMF loan to Bangladesh?

    <p>The loan amount of $4.7 billion is paltry and will only meet Bangladesh's import bills for around 15 days.</p> Signup and view all the answers

    According to the finance minister, what was the initial perception about Bangladesh's chances of receiving the IMF loan?

    <p>Many doubted that the IMF would provide the loan because they believed Bangladesh's macroeconomic fundamentals were weak.</p> Signup and view all the answers

    What does the text suggest is a key reason the IMF loan is significant for Bangladesh?

    <p>It will serve as a seal of approval from the IMF, boosting Bangladesh's creditworthiness.</p> Signup and view all the answers

    According to the IMF DMD Antoinette Monceau Sayeh, what does Bangladesh need to do to achieve more resilient, inclusive, and sustainable growth?

    <p>Accelerate its ambitious reform agenda and make substantial investments in human capital and infrastructure.</p> Signup and view all the answers

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