WB wants to know reasons behind reserve depletion
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Dhaka, Sept. 20 -- The World Bank (WB) has wanted to know the reasons for the depletion of Bangladesh's reserve as the country's reserve is going to be 37.20 billion dollars.
Despite taking various initiatives to increase remittances and strict import, the pressure on the foreign exchange is not reducing.
It is possible to meet the import expenses with the present reserve $37.20 billion for about five months as the country is now paying eight billion dollars per month import expense purposes.
Against this backdrop, a delegation of the World Bank led by Matthew Varghese, Regional Director of South Asia held a meeting with State Minister for Planning Shamsul Alam on Monday.
"During the meeting, the World Bank wants to know what Banglade...
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