The Asian Development Bank (ADB) has outlined 20 conditions for Bangladesh to access $600 million in the second tranche of a loan for the implementation of its “Strengthening Economic Management and Governance Program”.

The project will be implemented in between 2024 to 2029 

The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.

The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people

The Dhaka Power System Expansion and Strengthening Project will construct eight substations

This is the first subprogram of the indicative $700 million Climate-Resilient Inclusive Development Programme

The Asian Development Bank (ADB) today approved a $400 million policy-based loan to support the Bangladesh government's implementation of its National Adaptation Plan 2023–2050 and the Nationally Determined Contributions 2021 Update to the Paris Agreement to achieve climate-focused, inclusive development

The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor