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
Amnesty slams military trial of civilians in Pakistan
Karachi (TIP): Military courts in Pakistan should not try more than 100 people for their alleged role in attacks on army installations during the riots that followed former premier Imran Khan’s arrest on May 9 […]
South Asia
Bangladesh launches massive evacuation as cyclone Remal approaches from Bay of Bengal
Dhaka (TIP): Bangladesh on May 27 launched an intensified evacuation campaign in vulnerable areas as it prepares for severe cyclonic storm ‘Remal’ forecast to make landfall by evening or midnight with a potential high tidal […]
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