IMF team to visit Dhaka, hold discussions with commerce ministry

The Bangladesh team of the International Monetary Fund (IMF) will visit Dhaka later this month to discuss several issues, including readymade garment (RMG) sector’s export projections for FY23-25 with commerce ministry officials.

The team will visit the capital from October 26 to November 9, ministry officials said on Thursday.

IMF staff will hold a meeting with Senior Commerce Secretary Tapan Kanti Das on November 2 from 12:15pm to 1:15pm at the secretariat.

They are expected to discuss several issues including FY23-25 export projections for RMG and non-RMG sectors, preparedness for post-LDC (Least Developed Countries) graduation exports and market access to the European Union and the United States, export diversification– reliance on a single sector (RMG), MFNs/FTAs, World Trade Organization’s (WTO) binding rules related to tariff and tariff rationalisation.

The team will also hold a meeting with Md Hafizur Rahman, director general of the WTO Cell of the commerce ministry, on November 6 from 9:00am to 10:30am at the secretariat.