The IMF has approved a 4.7 billion dollar aid loan package for Bangladesh.
Energy and food prices have been rising sharply in Bangladesh, leading to massive protests.
Till last year, there was 13 hours of load shedding every day across the country and the government stopped the supply of other commodities including rice to households that could not afford it.
476 million dollars will be immediately available to the Bangladesh government through the IMF package.
But the International Monetary Fund has stipulated that taxes should be raised and lending to the banking sector should be reduced.
Bangladesh is looking to increase its foreign exchange reserves from $46 billion to $34 billion through an IMF loan.
The Bengali taka has depreciated 25 percent against the dollar since last May, pushing up petrol and electricity prices.
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