Bangladesh, June 4 -- Bangladesh has formally requested a new financial arrangement from the International Monetary Fund (IMF) to support its ongoing economic reform agenda, according to the Fund's Mission Chief for Bangladesh, Ivo Krznar.

In a statement issued on Wednesday, Krznar said IMF staff were currently engaging with the Bangladeshi authorities on their reform priorities as part of the Fund's consideration of potential future support.

"The Bangladeshi authorities have requested a new IMF financial arrangement to support their economic reform programme," he said. "IMF staff are engaging with the authorities on their reform agenda and policy priorities as part of the Fund's consideration of possible next steps."

The request come...