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)
Asia
Imran’s Pakistan Tehreek-e-Insaf to boycott bypolls
Jailed former PM Imran Khan’s party has decided to boycott the upcoming by-elections for national and provincial assemblies, in line with the opinion of its founder. Several seats of the national and provincial assemblies became […]
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Asia
Bangladesh student leader wanted in Hindu cop’s murder detained at Delhi airport
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