According to Bangladesh’s finance minister, the country started talks on a loan from the International Monetary Fund (IMF) but would take it only if conditions were favorable. “A letter was sent to the IMF seeking assistance, but we have not mentioned how much we want,” Minister A.H.M. Mustafa Kamal told reporters. “We are waiting to see their conditions. If the IMF conditions are in favor of the country and compatible with our development policy, we’ll go for it, otherwise not. Seeking a loan from the IMF does not mean Bangladesh’s economy is in bad shape.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Fresh magnitude 5.0 earthquake strikes Türkiye’s Hatay

A fresh magnitude 5.0 earthquake has hit Türkiye’s southern Hatay province, according…

Major 7.5 earthquake hits Japan

Japan has issued tsunami alerts after a series of strong quakes in…

Iran’s Foreign Ministry denounces Israeli strikes in Syria’s Aleppo

Iran’s Foreign Ministry “categorically” denounced Israeli air strikes in Aleppo province that…

Hamas, Fatah agree joint committee to run post-war Gaza

Palestinian movement Hamas and Palestine president Mahmud Abbas’s Fatah party have agreed…