Bangladesh says it will take IMF loan if conditions favourable
- Country:
- Bangladesh
Bangladesh's finance minister said on Wednesday the government had written to the International Monetary Fund (IMF) seeking a loan but would take it only if conditions were favourable.
"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 favour of the country and compatible with our development policy, we'll go for it, otherwise not."
ALSO READ
-
Bangladesh Secures $100m ADB Loan to Help 40,000 Families Build Safer Homes
-
Colombia's IMF Gamble: Can Fiscal Reform Restore Confidence Without Sacrificing Economic Growth?
-
From Market Access to Market Power: What African Firms Need to Capture AfCFTA’s Trade Gains
-
Too Many Homes, Too Little Spending: Inside China’s Deepening Housing and Consumption Divide
-
ADB Backs Bangladesh’s Power Upgrade With $200M for Growing Dhaka Communities
Google News