As they approved the Budget, cabinet members of the interim government scrapped the revenue raising provision on June 22 amid strong criticism.

The South Asian nation has agreed a more flexible exchange rate to help unlock $1.3bn of funds.

Thakker has been Citi's head of capital management for Japan, Asia North and Australia and Asia South; he will relocate from Hong Kong to Singapore.

An April review by the IMF ended without an agreement, with June the next opportunity to meet the IMF's conditions and release two tranches of loans.

Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Bangladesh, India, Pakistan and Sri Lanka.

US president Donald Trump's sweeping tariffs, from April 9, are set to hit China, India, Taiwan, South Korea and many other countries hard; China has responded in kind sparking a global trade war threat.

Problems are continuing to mount up in Bangladesh’s economy, including high inflation, as the country attempts to bounce back from years of crisis to secure the next tranche of a IMF loan.

The NextGen programme is operating across 16 markets in Asia Pacific and includes training for "soft and technical skills".

The rationale behind all the winners for the best capital market deals across Asia Pacific.

The rationale behind all the winners for the best finance houses across Asia Pacific.