The Bangladesh authorities refused to permit Bollywood actor Nora Fatehi to carry out at an occasion within the capital Dhaka to avoid wasting {dollars} as a part of austerity measures.
Nora, recognized for her work within the Indian movie trade, was not allowed “in view of the global situation and for the purpose of maintaining foreign exchange reserves”, based on a discover issued by Bangladesh’s Ministry of Cultural Affairs on Monday. . Nora was scheduled to bounce and current the award at an occasion organized by the Women’s Leadership Corporation.
The ministry famous the central financial institution’s restrictions on greenback funds amid dwindling overseas trade reserves, which fell to $36.33 billion as of October 12 – from $46.13 billion a 12 months in the past – to cowl almost 4 months of imports. was adequate.
According to the IMDb web site, Nora, who hails from a Moroccan-Canadian household, made her Hindi movie debut in 2014.
According to Anne-Marie Gulde-Wulf, deputy director of the Asia and Pacific Department on the IMF, the International Monetary Fund is getting ready to ship its first negotiating mission to Bangladesh later this month to carry talks with the federal government on loans sought by the nation. have the ability to begin. ,
Stocks are “still at a comfortable level, but the direction is going down,” she stated at a media briefing on 13 October. The IMF is discussing an financial program that would come with “measures to stabilize the economy and avoid a further recession in the economy.”
With inputs from TheIndianEXPRESS
