Home Business Bangladesh seeks $4.5bn loan from IMF, newspaper says

Bangladesh seeks $4.5bn loan from IMF, newspaper says

58 second read

DHAKA, July 26(ABC): Bangladesh has sought a $4.5 billion loan from the International Monetary Fund, reported on Tuesday, the latest country in South Asia to seek such support amid rising pressure on the economies of the region.

Bangladesh has sought the funds for its balance of payment and budgetary needs, as well as for efforts to deal with climate change, the Daily Start said citing documents it had seen. It said the request was made on Sunday.

Author

Load More Related Articles
Load More By Editor in Chief
Load More In Business
Comments are closed.

Check Also

Iran executes man convicted of spying for Mossad

Iran executed a man convicted of spying for Israel’s intelligence agency, Mossad, th…