Bangladesh has not yet reached an agreement with the IMF regarding the fourth and fifth tranches of its $4.7 billion loan program. The IMF said discussions will continue, with possible disbursement by the end of June if conditions are met. The IMF noted a rise in non-performing loans (NPLs) and urged effective reforms. Currently, NPLs average 43% in state-owned banks and 16% in private banks—well above IMF targets of 10% and 5%, respectively.