US plans talks on economy with Bangladesh leader Muhammad Yunus: FT

The United States is determined to birth economic talks this week with Bangladesh’s meantime govt, including its chief, Muhammad Yunus, the Monetary Cases reported on Tuesday.

The govt. led by the Nobel Peace laureate used to be sworn in final month with the fair of retaining elections within the South Asian nation after the ouster of high minister Sheikh Hasina following deadly protests against quotas for govt jobs.

“The United States is optimistic that, by imposing essential reforms, Bangladesh can contend with its economic vulnerabilities and assign a basis for persevered explain and increased prosperity,” Brent Neiman, assistant US Treasury secretary for international finance, instructed the newspaper.

A delegation of treasury, screech and switch officials is predicted to discuss about Bangladesh’s fiscal and monetary policy and likewise the well being of its monetary plot, the paper mentioned.

The talks would possibly perhaps be held on Saturday and Sunday within the capital, Dhaka, it added.

Officials in Bangladesh’s finance ministry and Yunus’ office mentioned they had been now no longer mindful about the discuss to.

Bangladesh’s $450-billion economy has slowed sharply since the Russia-Ukraine battle pushed up costs of gasoline and food imports, forcing it to turn to the Global Monetary Fund final year for a $4.7-billion bailout.