Business newspaper El Economista said the Mexican government asked the World Bank for the loan on May 19 to deal with the impact of the pandemic.
The 27-nation EU remains deeply divided over what conditions should be attached to the funds and today's proposal from the EU’s executive arm is likely to set off weeks of wrangling.
The loan was agreed upon last year after the nation was hit by a sharp depreciation of the peso amid double-digit inflation.
Bangladesh is a country of more than 160 million people in South Asia. After partition in 1947 it became East Pakistan. But then in 1971 it gained its independence, becoming the country as it is known today.
The International Monetary Fund's (IMF) executive board approved a $50 billion financing deal for Argentina while President Mauricio Macri's decision to ask for aid was met by protests.
Demonstrators have marched along some of the busiest streets of downtown Buenos Aires against the government's decision to seek economic help from the International Monetary Fund.
The International Monetary Fund approved the loan "in principle" with no immediate release of funds.
Its executive board disbursed an initial amount of $2.75 billion to Egypt's central bank while the remainder will be given over the next three years.
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