IMF-World Bank annual meet begins today in Bangkok
Bangladesh, Oct. 12 -- As global economic uncertainty looms preceding the IMF-World Bank annual meetings in Bangkok, Bangladesh prepares to negotiate a fresh loan of up to US$4.0 billion to cushion shocks.
The new government continues discussion for the International Monetary Fund's funding after discontinuing a part of a previous lending package in view of its hard-to-digest terms.
Finance Minister Amir Khosru Mahmud Chowdhury, ministry officials and the Bangladesh Bank governor and officials are attending the meetings, where the country's financing needs and reform commitments will be under discussion.
The talks, scheduled alongside the October 12-18 meetings, will focus on the proposed loan's size and policy conditions, including e...
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