ADB will lend 2 billion dollars to Bangladesh with budget support

ADB will lend 2 billion dollars to Bangladesh with budget support
ADB will lend 2 billion dollars to Bangladesh with budget support

About 2 billion in loan assistance is under process for development projects in Bangladesh, said Edmon Ginting, Country Director of the Asian Development Bank (ADB) in Bangladesh.

He said that ADB has a good relationship with Bangladesh and ADB will support the needs of the people of the country.

“Almost $2 billion in loan assistance has been disbursed for this financial year (2022-23) under various development schemes as per the government’s development targets.”

Edimon Ginting said this while meeting Finance Minister AHM Mustafa Kamal at the Secretariat today (September 20).

The Finance Minister praised ADB for helping Bangladesh in its socio-economic development, especially in overcoming the adverse effects of Covid-19.

ADB Country Director Edimon Ginting appreciated the government’s activities in the social and economic development of Bangladesh.

They also discussed the 50th anniversary celebrations of Bangladesh and ADB in 2023.

ADB Country Director Edimon Ginting appreciated the government’s activities in the social and economic development of Bangladesh.

Kamal said that ADB is one of the main development partners of Bangladesh. ADB has so far provided $27.55 billion in loan assistance to Bangladesh.

The Finance Minister thanked ADB for providing assistance to Bangladesh to overcome the potential economic impact of the coronavirus outbreak.

He requested ADB to provide more development assistance. Especially to meet the challenges of transition after LDC graduation.

Ginting said that ADB has been helping Bangladesh from the beginning to restore the social and economic security of the people to overcome this epidemic and ADB will always be by Bangladesh’s side in the future.

The article is in Bengali

Tags: ADB lend billion dollars Bangladesh budget support

NEXT When it rains, the Andharmanik-Beotha road is knee-deep in water