Economic Diplomacy – Page 45 – South Asian Correspondent

Pakistan's Finance Minister Ishaq Dar leaves after a post-budget press briefing for the 2023/24, in Islamabad, Pakistan June 10, 2023. REUTERS/Ariba Shahid/File Photo

July 11, 2023

Saudi Arabia gives $2 billion as IMF bailout to Pakistan, says finance minister

Islamabad: Saudi Arabia has deposited $2 billion in the Pakistan central bank, the South Asian nation’s finance minister said on Tuesday,…

Bangladesh Bank Governor Abdur Rouf Talukder, FBCCI President Md Jashim Uddin and Indian High Commissioner Pranay Verma attend an event at Le Méridien Hotel in Dhaka today from where Bangladesh Bank and the Indian High Commission are expected to announce the move towards India-Bangladesh trade in rupee. Photo: Sohel Parvez

July 11, 2023

Bangladesh, India start trading in rupees

Dhaka: In a landmark development, Bangladesh and India launched trading in rupees on Tuesday in an effort to curb US dollar…

Former Pakistani Prime Minister Imran Khan, gestures as he speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. REUTERS/Akhtar Soomro

July 10, 2023

Pakistan’s Imran Khan expresses support for bailout deal in IMF meeting

Islamabad: Pakistan’s main opposition leader and former prime minister Imran Khan expressed support for a recently-reached bailout deal with the…

July 9, 2023

Two Bangladeshi banks to offer trade transactions in Indian rupees

Dhaka: Two Bangladeshi banks plan to introduce trade transactions in Indian rupees, officials said, as part of efforts to increase foreign…

Maldives Monetary Authority (MMA), Maldives' reserve had decreased by USD 105 million by May, compared to the beginning of the year. The usable reserve was at USD 254 million in January.

July 7, 2023

Maldives’ usable reserve drops to USD148 million

Male: Maldives’ usable reserve has dropped to USD 148 million, central bank figures showed Wednesday. According to data published by Maldives…

July 4, 2023

ADB examines ways to boost Bangladesh-India rail cargo link

By Saifuddin Saif Dhaka: The Asian Development Bank, a long-time partner of Bangladesh in improving railway infrastructures and promoting sub-regional connectivity,…

Imports Of Fresh Or Chilled Potatoes Stood At USD 1.02 Million In 2022-23.

July 3, 2023

India permits potato imports from Bhutan without any license till Jun 2024

New Delhi: India on Monday permitted imports of potatoes from Bhutan without any license for one more year till June…

Sri Lankan rupees are seen in a bowl at a vegetable vendor's shop amid the rampant food inflation, amid Sri Lanka's economic crisis, in Colombo, Sri Lanka, July 29 , 2022. REUTERS/Kim Kyung-Hoon

July 2, 2023

Sri Lanka parliament approves domestic debt restructuring plan

Colombo: Sri Lanka’s parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout…

June 25, 2023

Pakistan changes FY2024 budget as dictated by IMF to clinch stalled funds

Islamabad: Pakistan has changed its budget for the financial yearstarting on July 1, Finance Minister Ishaq Dar said on Saturday,…

June 25, 2023

Bangladesh, India to begin bilateral trade in rupee next month

Dhaka: Bangladesh and India are all set to introduce the rupee as a means of transactions in bilateral trade, marking a…