Islamabad has been negotiating with the IMF since early February for the release of $1.1 billion, part of a $6.5 billion bailout package inked in 2019 by the previous government…
The reform can lead to banks investing in people to ensure Thailand moves from a middle-income to a high-income country, the institution said.
Since the launching of Shanghai-Hong Kong, Shenzhen-Hong Kong stock connect schemes, accessibility of their equity market has greatly improved.
The Indonesian Forum for the Environment has warned that the regulation would threaten the livelihoods of fishermen and coastal communities.
According to an article, pressure on countries from the US to "de-risk" their economies paints a picture of a region divided into two camps.
The midpoint of the forecast range — 6.2 per cent — suggests that the authorities expects inflation to have eased further from the 6.6 per cent print in April.
However, only a little more than 30 per cent of the companies that raised their wages did so due to their improved performance.
Finance minister AHM Mustafa Kamal also said that less than 3 per cent of people of Bangladesh will be below the poverty line and extreme poverty will be reduced to zero by then.
A large portion of the population will have to pay the minimum tax, despite earning less than USD 3000 a year.
The finance ministry attributed the potential reasons for the rising price levels to flood damages, disruptions in supply chains, devaluation brought by the macroeconomic…