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)
Europe
40 dead as Bangladesh ferry search called off
MUNSHIGANJ, BANGLADESH (TIP): Rescuers called off the search for missing passengers of a sunken ferry in central Bangladesh on Saturday after retrieving 40 bodies, causing anger among relatives of those still unaccounted for. The chief […]
South Asia
Our relationship with Bangladesh and Sri Lanka will remain positive, constructive: EAM Jaishankar
NEW YORK (TIP): External Affairs Minister S Jaishankar expressed confidence that India‘s relationship with neighbours Sri Lanka and Bangladesh would continue to be “positive and constructive.” “I would urge you not to be deterministic about […]
Asia
Bangladesh summons Kolkata mission head for consultations
Kolkata (TIP): Bangladesh has summoned Shikder Mohammad Ashrafur Rahman, the Acting Deputy High Commissioner in Kolkata, for urgent consultations following protests over attacks on Hindu minorities. Rahman, who is also Minister – Political Affairs, stationed […]
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