Bangladesh’s government has denied Bollywood actress Nora Fatehi permission to perform at an event in the capital, Dhaka, in a bid to save money as part of austerity measures.
Fatehi, known for her paintings in the Indian film industry, was not granted permission “in view of the global stage and for foreign exchange reserves,” according to a statement issued Monday by Bangladesh’s Ministry of Cultural Affairs. Fatehi planned to dance and award prizes on an occasion organized through the Women’s Leadership Corporation.
The ministry cited the central bank’s restrictions on bills amid falling foreign exchange reserves, which fell to $36. 33 billion on Oct. 12 — enough to cover about 4 months of imports — from $46. 13 billion a year earlier.
Fatehi, who comes from a Moroccan-Canadian family, made her film debut in Hindi in 2014, according to IMDb.
The International Monetary Fund will send its first draft negotiation to Bangladesh later this month to start talks with the government on the loans the country has requested, according to Anne-Marie Gulde-Wolf, deputy director of the IMF’s Asia-Pacific department.
Bookings “are still at a comfortable level, but the direction is downward,” he said at a news conference on Oct. 13. The IMF is discussing an economic program that “will involve measures to stabilize the economy and a further slowdown in the economy. “»
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