Dhaka, Oct. 15 -- Finance Minister Amir Khosru Mahmud Chowdhury has acknowledged that a new agreement with the International Monetary Fund will come with conditions, after the BNP government scrapped the loan programme agreed during the previous Awami League administration to prop up foreign currency reserves, calling its terms "unacceptable".

He has also assured that the conditions under a new programme "will be met", just 11 days after saying that the BNP government did not want to "depend" on IMF financing tied to conditions.

Bangladesh entered the previous IMF loan deal to tackle a shortage of foreign currency reserves.

Speaking after a meeting with IMF Deputy Managing Director Nigel Clarke on Thursday on the sidelines of the IMF a...