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)
South Asia
40 dead as heavy rains pound eastern Afghanistan, destroying houses and cutting power
ISLAMABAD (TIP): Heavy rains in eastern Afghanistan have killed at least 40 people and injured nearly 350 others, Taliban officials said July 17. Among the dead in Monday’s storm were five members of the same […]
Be the first to comment