Bangladesh received $1.115 billion in the third tranche of the $4.7 billion loan package allocated by the International Monetary Fund (IMF) reaching the country’s forex exchange reserves $27.15 billion as of Friday.    

Md Mezbaul Haque, spokesperson of Bangladesh Bank, confirmed that Bangladesh received $1.115 billion from the IMF in the third tranche, along with significant foreign currency from various sources, resulting in the country’s total forex reserves reaching $27.15 billion.

Following the Executive Board’s discussion, Antoinette M. Sayeh, deputy managing director and acting chair of the IMF, on Monday announced that the financial agency has approved the release of $1.115 billion in the third tranche of the $4.7 billion loan package allocated for Bangladesh.