Bangladesh Authorities’ Request for a New IMF-supported Program
IMF News, June 3, 2026
Source details
- Canonical URL
- Bangladesh Authorities’ Request for a New IMF-supported Program
Other formats
Bibliographic details
- Published: June 3, 2026
Request and current engagement
- The Bangladeshi authorities have requested a new IMF financial arrangement to support their economic reform program.
- IMF staff are engaging with the authorities on their reform agenda and policy priorities as part of the Fund’s consideration of possible next steps.
- Press Release No. 26/182; date: June 3, 2026.
- IMF Communications Department, MEDIA RELATIONS. PRESS OFFICER: Randa Elnagar. Phone: +1 202 623-7100 Email: MEDIA@IMF.org
Macroeconomic and policy context
- Bangladesh’s current arrangements under the Extended Credit Facility, Extended Fund Facility, and Resilience and Sustainability Facility are cited by their acronyms: ECF, EFF, and RSF.
- The ECF, EFF, and RSF “have provided an important policy anchor during a very difficult period.”
- The macroeconomic and political context has changed substantially since the Fund-supported program was approved in January 2023.
- The authorities now face “a more complex set of challenges.”
- Identified vulnerabilities include:
- Banking-sector weaknesses.
- Low revenue mobilization.
- These vulnerabilities “underscore the need for a renewed and sustained reform effort.”
Preconditions and design principles for a successor arrangement
- Any new arrangement would need to be:
- Based on Bangladesh’s balance-of-payments needs.
- Supported by strong policy commitments anchored by a credible reform agenda.
- Subject to the IMF’s policies and Executive Board approval.
- The authorities’ request is framed as an opportunity to:
- Agree on a potential program that reflects current challenges.
- Incorporate the new authorities’ objectives and priorities.
Planned engagement and sequencing
- Planning is underway for a staff visit to Bangladesh to:
- Take stock of recent economic developments.
- Engage with the authorities on their policy priorities.
- Assess the outlook and reform challenges.
- Discussions about parameters of a potential new IMF-supported program—including its size and related reform commitments—would take place in the context of a subsequent program negotiation mission.
IMF stance and objectives
- The IMF positions itself as “a committed partner to Bangladesh” with objectives to:
- Secure lasting macroeconomic and financial stability.
- Strengthen resilience.
- Support strong, inclusive growth.
- The IMF “looks forward to constructive engagement with the authorities and other stakeholders as this process moves forward.”
Source: IMF Press Release No. 26/182 (June 3, 2026).