Bangladesh, Oct. 15 -- he International Monetary Fund (IMF) has expressed satisfaction with Bangladesh's economic progress since the announcement of the national budget, Finance Minister Amir Khosru Mahmud Chowdhury said after a meeting with IMF Deputy Managing Director Nigel Clarke on Wednesday.

The discussions covered banking sector reforms, tax revenue mobilisation, bank recapitalisation and macroeconomic stability, with the IMF raising several observations on outstanding issues, according to the minister.

He said many of the issues raised by the lender had already been addressed, while the remaining matters would be resolved through further discussions over the coming months.

The minister said technical-level discussions had laid...