WASHINGTON (TIP): IMF staff and Bangladesh have reached an agreement to unlock close to $1.2 billion in financing as the South Asian country grapples with declining foreign exchange reserves, the Washington-based institution said May 08. Following two weeks of talks in the capital, Dhaka, the International Monetary Fund said a “staff-level agreement” had been reached to pay out the latest portion of three ongoing programs — subject to board approval. (AFP)
Related Articles

Asia
Bangladesh PM Shiekh Hasina may come this December
CAVELOSIM, GOA (TIP): Indian and Bangladeshi officials are working on a plan that could see Prime Minister Sheikh Hasina visit New Delhi this December. Bangladesh foreign secretary Shahidul Haque told reporters that Hasina may visit […]

South Asia
UN team in B’desh to talk modalities of rights probe
Dhaka (TIP): A United Nations team will meet Bangladesh’s interim government and other stakeholders from August 22 to discuss the process to investigate alleged human rights violations during the recent deadly violence in the country, […]

Europe
Bangladesh watches election process in India keenly
KOLKATA (TIP): Bangladesh is keenly watching the developments in India leading to the Lok Sabha elections. Sources in the neighbouring country said that the Sheikh Hasina government there wants a stable government in India for […]
Be the first to comment