Dhaka, Sept. 28 -- The International Monetary Fund (IMF) has for the first time set a maximum US$ 8.44 billion ceiling of foreign borrowing for Bangladesh.

The global lender sets the external borrowing limit for the fiscal year 2025-26.

The new condition was revealed in the IMF's 'Bangladesh Country Report,' published recently after the approval and release of the fourth and fifth tranches of the loan, totaling $1.34 billion.

This new limit is a key benchmark Bangladesh must meet to secure subsequent loan installments.

The report stipulates quarterly ceilings to monitor the country's debt management closely. A maximum of $1.91 billion in external borrowing in the first three months, $3.34 billion by the six-month mark, $4.34 billion a...