Dhaka, June 3 -- The International Monetary Fund (IMF) is preparing to send a staff mission to Bangladesh to review the country's economic situation, hold discussions with government officials and explore the next steps in its partnership with Dhaka.

In a statement issued on June 3, IMF Mission Chief for Bangladesh Ivo Krznar said the visit would provide the global money lender an opportunity to assess the nation's recent economic developments, exchange views on policy priorities, and discuss the challenges facing the country's economy.

Bangladesh has formally requested a new IMF financial arrangement to support its reform agenda, with the Fund now engaging with authorities on what a future programme could look like.

Krznar said discussi...