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
Bangladesh AG wants ‘secularism’ removed from Constitution
Dhaka (TIP): Bangladesh’s top legal official has proposed to remove the words “secularism” and “socialism” from the Constitution apart from a provision prescribing capital punishment for regime change through extra-constitutional means. In his statement in […]
Business & Economics
Challenges in Indo-Pacific Region
INDIA MUST PLAY A PROACTIVE ROLE FOR LONG-TERM SECURITY AND STABILITY It would be in India’s interest to readily join cooperative efforts aimed at maintaining stability. India has acquired robust military intervention capabilities and is […]
Asia
Al-Qaida’s Bangladesh chief arrested
DHAKA (TIP): Al-Qaida’s Bangladesh chief and his top advisor were among 12 militants belonging to the group arrested by police which also seized a huge cache of explosives, foiling a major attack planned for the […]
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