(BSS) - The International Monetary Fund (IMF) will give decision on providing the next two tranches of its US$4.7 billion loan package for Bangladesh amounting to $1.3 billion tomorrow.

“A series of meetings were held in Washington between Bangladesh Bank (BB) Governor Dr Ahsan H Mansur and senior IMF officials. IMF will give their decision tomorrow regarding the loan installments. We hope that a positive decision will come tomorrow to this end,” said BB Spokesperson Arif Hossain Khan.

He said the central bank will hold a press conference tomorrow at its Jahangir Alam conference room at BB headquarters in the city.

BB Governor Ahsan H Mansur is expected to share the update about the loan installments through virtually joining the press briefing from Dubai, he added.

Out of the total $4.7 billion loan package, Bangladesh has received $2.3 billion so far in three installments under the Extended Fund Facility, Extended Credit Facility, and Resilience and Sustainability Facility.