DHAKA -- Bangladesh is seeking $700 million in financial backing from the International Monetary Fund after rolling out its biggest-ever stimulus package. The government hopes the move will prevent the coronavirus pandemic from ravaging its trademark macroeconomic stability.
Economy
Bangladesh seeks IMF lifeline after record stimulus package
Cash infusion may not be enough to cushion blow from COVID-19 crisis
Women carry relief supplies provided by local authorities amid the coronavirus outbreak in Dhaka on April 2. © Reuters
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