IMF approves $1.3bn of $4.7bn loan program for Bangladesh
IMF approves $1.3bn of $4.7bn loan program for Bangladesh

The International Monetary Fund (IMF) has finally approved a $1.3 billion disbursement of the third and fourth tranches of Bangladeshs $4.7 billion loan program. As a result, it is set to receive a significant boost to its foreign exchange reserves, with the IMF approving the disbursement of...

New currency without portraits to launch before Eid: BB governor
New currency without portraits to launch before Eid: BB governor

Government is set to introduce new currency notes ahead of Eid-ul-Azha, with designs that emphasize national heritage rather than portraits. Bangladesh Bank Governor Dr. Ahsan H. Mansur confirmed the development on Saturday while inaugurating the countrys first credit enhancement scheme at the...