The Asian Development Bank would provide $500 million to Bangladesh as budget support on soft conditions. ADB country director to Bangladesh Edimon Ginting said this to reporters after meeting planning minister MA Mannan at his office on Thursday. He also informed that other lenders would come forward as co-financiers. Earlier, the
Tag: budget support
Govt seeks $50m ADB fund to redeem economy
To ease its financial difficulties, the government is craving for supports from various international donor agencies, including the Asian Development Bank, amid worsening economic fallouts caused by the Coronavirus pandemic. Finance Minister AHM Mustafa Kamal has sought $50 million or Tk 4,250 crore, from the Asian Development Bank (ADB), recently. The money