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Your email address will not be published.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

Israel refuses to reopen Rafah

Over 20,000 patients are waiting for the opening of the Rafah crossing…

Rights group accuses Israel of ‘starvation’ tactic in Gaza war

A global rights group accused Israel on Monday of committing a war…

UNGA grants resolution giving Palestine new rights, reviving UN bid

The UN General Assembly voted by a wide margin to grant new…

Türkiye earthquake biggest in over 100 years: Swiss seismologist

The area between Türkiye and Syria has not experienced such a big…