IMF says Bangladesh to have access to $884 million under third and fourth reviews

(Reuters) -The International Monetary Fund said on Monday that Bangladesh will have access to $884 million as the fund has concluded a combined third and fourth review of the country’s arrangements under the Extended Credit Facility and Extended Fund Facility.

The IMF’s executive board has also completed the combined third and fourth reviews of Bangladesh’s arrangement under the Resilience and Sustainability Facility, providing about $453 million to bolster the country’s economic resilience to climate change.

(Reporting by Gursimran Kaur in Bengaluru; Editing by Chris Reese)