The International Monetary Fund (IMF) on Monday said its executive board has approved a $4.7 billion support program for Bangladesh at current exchange rates, making the South Asian country the first to access its new Resilience and Stability Facility (RSF). The country has become
The funding includes $3.3 billion under the IMF’s Extended Credit Facility and Extended Fund Facility programs and $1.4 billion under the new RSF, which aims to help vulnerable middle-income countries and island states.