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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Investment

Bangladesh seeks $1 bln IMF loan, eyes wealth fund

Posted on 21 September 2010

From Reuters: Bangladesh is seeking a $1 billion credit facility from the International Monetary Fund and is thinking of setting up a sovereign wealth fund from its foreign exchange reserves, its central bank governor said on Monday.
Bangladesh has a current account surplus and would use the IMF facility for budget support, Atiur Rahman told Reuters in an interview on the sidelines of a conference in London……………………………………….Full Article: Source


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