Bangladesh gets IMF membership
June 17, 1972
EGYPTIAN DELEGATION CALLS ON BANGABANDHU
A five-member Egyptian delegation today calls on Bangabandhu Sheikh Mujibur Rahman at his official residence. They hand over a letter from Egyptian President Anwar Sadat to the Bangladesh prime minister.
Later, referring to the question on Egypt's recognition of Bangladesh, Mohammad Tawfiq Obeida, leader of the delegation, tells journalists that Bangladesh is now a reality. He expresses his confidence in the leadership of Bangabandhu and says that under his able leadership Bangladesh will be a happy and prosperous country.
BANGLADESH BECOMES A MEMBER OF THE IMF
Bangladesh today becomes a member of the International Monetary Fund. Among the 119 members, 88 countries voted in favour of Bangladesh's membership. Six countries including Pakistan, Saudi Arabia and Jordan abstained from the voting process. Only Sudan voted against Bangladesh's entry into the IMF.
BANGLADESH-NEPAL JOINT COMMUNIQUE
Bangladesh and Nepal issue a joint communique today which stipulates the signing of a trade treaty between the two neighbours soon. It further says that trade relations will get a boost following the improvement of transportation and communication facilities between the two countries.
FOOD SITUATION IMPROVES
United Nations Secretary General Kurt Waldheim today says that the food situation in Bangladesh has improved in recent times. However, he fears that early rain this year may badly affect the harvest. He identifies lack of transportation as a bigger problem than the food crisis.
SEPARATE MINISTRY FOR JUTE
The government is actively considering the formation of a separate ministry for jute. It has long been a demand of the people of Bangladesh. Currently, jute is the main cash crop of the country. Bangladesh has exported 87,000 tonnes of raw jute in the first five months of this year and earned Tk 69 crore.
SOURCES: June 18, 1972 issue of Purbodesh.
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