‘We don’t need any loan from IMF right now’

Business Desk :
Finance Minister AHM Mustafa Kamal has dismissed a media report that Bangladesh is seeking a loan of $4.5 billion in aid for economic recovery.
“Neither had we placed any proposal to IMF for a loan, nor IMF made an offer to us,” he told reporters while briefing on the outcomes of the two consecutive meetings of the Cabinet Committee on Economic Affairs (CCEA) and the Cabinet Committee on Government Purchase (CCGP) virtually held on Wednesday.
He made remarks while a delegation of the International Monetary Fund (IMF) has been visiting the country and holding meetings with Bangladesh Bank officials.
“Actually, a consultative committee of the IMF is now visiting the country which has no issue to discuss any loans proposal”, he added, saying, “We don’t need any loan from the IMF right at this moment. We made no request for any funding, not any proposal came from IMF”.
He, however, said if any loan is taken from the IMF, Bangladesh will never accept any condition that will go against the interest of the country.