Bangladesh makes grade for $681m from IMF but tougher tests await

'Accommodative' fund approves fresh lending as experts warn of insufficient reforms

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Pedestrians pass the Dhaka Stock Exchange building in the Bangladeshi capital in July. The country has secured another loan tranche from the International Monetary Fund. © Reuters

SYFUL ISLAM, Contributing writer

DHAKA -- Bangladesh on Thursday cleared its first review under an International Monetary Fund loan program, despite an apparent failure to meet key targets for foreign exchange reserves and revenue.

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