International Monetary Fund (IMF) Deputy Managing Director Bo Li will visit Dhaka this month, according to Finance Division sources.
Li is one of the four deputy managing directors of the IMF. He will come to Dhaka on July 14 for 24 hours. Lee is expected to be accompanied by several others from the IMF.
Prior to joining the IMF as DMD on August 23, 2021, Li was the deputy governor of the Bank of China.
He will come to Dhaka to participate in a seminar on sustainable measures to combat the effects of climate change, green finance, etc. So far no meeting has been scheduled with anyone at the top level of the government during his visit.
They will stay at a five-star hotel in Dhaka, where the seminar will be held. The seminar will be attended by government employees of several departments including the Finance Division.
Bangladesh has a three-and-a-half-year loan program with the IMF. Bangladesh's letter last year seeking a loan from the global lender stated that Bangladesh would lose 2% of its gross domestic product by mid-century and 9% of its GDP by the end of the century due to climate change.
Apart from this, the government prepared a 100-year delta plan as well as a five-year medium-term plan to deal with the effects of climate change.
