Bangladesh seeking IMF loan, finance minister confirms -paper

DHAKA : Bangladesh has asked the International Monetary Fund to start negotiations for a loan, the finance minister told the Prothom Alo newspaper, while adding that the macroeconomic situation was"no way in trouble".

The minister, A.H.M. Mustafa Kamal, said,"The IMF was requested to start a formal negotiation to obtain loans for balance of payments and budget assistance," adding that he hoped to see an IMF mission.

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