ADB reaffirmed its commitment to promoting the growth of local industries, the multilateral lender said in a statement today.  

The Asian Development Bank has agreed to provide up to $1 billion in budget support by June, but the government must commit to several terms that include reducing the tenure and number of private bank directors.

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change

IMF will give $689 million, ADB $400 million and other sources $220 million