Dhaka, May 24 -- The government wants to implement reforms that are "realistic" and "compatible with the country's ground reality" in phases as Bangladesh braces for negotiating a newly planned credit programme with the International Monetary Fund (IMF).

Sources say the new government won't come out from reforms as a whole as agreed under the incomplete current lending package.

Finance Minister Amir Khosru Mahmud Chowdhury made the commitment last week at a meeting with IMF Deputy Managing Director Nigel Clarke in a virtual meeting where he sought a new credit programme as implementation of some reform measures under the ongoing recipe has been facing severe challenges, officials say.

In the three-year-long new credit programme, the go...