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DHAKA, Sept 30, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed has said
that the loan ceiling set by the International Monetary Fund (IMF) would not
create any pressure on Bangladesh.
Speaking at his office in the Ministry of Finance today, he said that the
government has already cleared US$5 billion in foreign debts and outstanding
bills since assuming responsibility, while reserves have risen to over $30
billion.
"We're being very cautious about taking foreign loans this year. No budget-
support loans will be taken," Salehuddin said.
The Finance Adviser also emphasized stronger revenue collection, noting that
letters have been issued to tax evaders and corruption has reduced, boosting
tax receipts.
During the IMF's upcoming October board meeting, Bangladesh would not seek
any additional loans from the IMF, World Bank, or Asian Development Bank
(ADB), he added.
He said although China's New Development Bank has shown interest in providing
loans, Bangladesh has declined for now.
Dr Salehuddin Ahmed, also a former central bank Governor, pointed out that
excessive foreign borrowing could create a burden for the next government.
Despite the IMF setting a loan ceiling of $1.91 billion for the first quarter
of the current fiscal year, Bangladesh has drawn only about $300 million.
He further noted that budget-support loans often come with conditions that
limit a country's ability to make independent policy decisions.
