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
Nine in 10 Afghan families skip meals, take on debt: UNDP
Nine in 10 families in Afghanistan are going hungry or falling into debt as millions of new returnees stretch resources in poverty-stricken areas in the east and north, according to the United Nations. Taliban-controlled Afghanistan […]
Asia
Militants kill 50, mostly Shiites, in Pakistan’s KP
Pakhtunkhwa (TIP): At least 50 people were killed and 20 others injured when several vehicles carrying passengers were targeted by militants in northwest Pakistan on November 21, officials said. The militants ambushed the vehicles in […]
Asia
Promote ‘peaceful coexistence’ for Hindus, ISKCON urges Bangla govt
Dhaka (TIP): The International Society for Krishna Consciousness (ISKCON) has urged the Bangladesh authorities to promote “peaceful coexistence” for Hindus in the country as it “strongly” denounced the recent arrest of the prominent community leader […]
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