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Published on October 1, 2014
As the inward demands emerged the Gross Domestic Product (GDP) has a possible increase of 6.25% in this fiscal year.
The head of mission and deputy head of the IMF Asia Pacific dept said this in a statement at the end of his 2 week tour to Bangladesh.
The statement was published on the IMF website on Tuesday night from Washington.
The IMF had approved an Extended Credit Facility(ECF) of $1 crore on April, 2012. Already disbursement of this loan had happened in 5 terms. And before disbursing the 6th term of about $14 crore, this IMF mission came to Dhaka to evaluate the initiatives/steps taken by Bangladesh on 17 September. Upon the report of this mission IMF will disburse their 6th term of this loan.
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