Economic Adviser Salehuddin Ahmed has revealed that the International Monetary Fund (IMF) inquired about Bangladesh's national election timeline before approving the fourth and fifth tranches of its loan package.

“Once a probable election timeframe was made public, international financial institutions began releasing budget support. Recently, the World Bank, ADB, AFD, and AIIB have approved loans as well,” he said, noting satisfaction with Bangladesh's reform progress.

On Monday, the IMF Executive Board approved the disbursement of $1.337 billion as part of the fourth and fifth installments of its loan to Bangladesh.