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Bangladesh in search of IMF mortgage

DHAKA -Bangladesh has requested the Worldwide Financial Fund (IMF) to start out negotiations for a mortgage, the finance minister instructed the Prothom Alo newspaper, whereas including that the financial system was “no method in bother”.

Minister A.H.M. Mustafa Kamal mentioned he didn’t specify any quantity in a letter he despatched to the IMF on Sunday. Two sources with information of the matter, who declined to be recognized as solely the finance minister was licensed to speak to the media, mentioned the federal government had not but determined how a lot cash it needed.

“The IMF was requested to start out a proper negotiation to acquire loans for stability of funds and price range help,” Kamal mentioned within the Prothom Alo report revealed on …

Carry on studying: Bangladesh in search of IMF mortgage



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