Report in The Daily Star, May 1, 2023The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects. “Considering the ongoing US dollar [USD] crisis and progress in establishing digital connectivity, we strongly recommend your side consider using RMB as a loan currency,” said Li Qinxi, deputy…
Posts tagged as “consider”
report in Daily Mirror, Mar 8, 2023The IMF said that since Sri Lanka has received financing assurances from all major bilateral creditors, the IMF Board will meet on March 20 for the consideration of approval for the Staff Level Agreement for financing under an Extended Fund Facility. Issuing a brief statement, the IMF stated; “Sri Lanka has now received financing assurances from all major bilateral creditors. This paves the way for consideration by the IMF’s…