The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).

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

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

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

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

Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

Life is set to get tougher for the poor and the low-income people as the Asian Development Bank yesterday projected that inflation in Bangladesh would average 6.7 percent this fiscal year, up from 6.2 percent in fiscal 2021-22.

The Asian Development Bank (ADB) is working to hand over $2 billion in loan assistance to Bangladesh by the current fiscal year, ADB Country Director Edimon Ginting said today.

The Asian Development Bank would be providing $9.05 billion over the next three years, up 84.7 percent from the preceding three years, as the Manila-based lender is mobilising greater resources to prepare the country well for graduation from the LDC bracket in 2026.

Bangladesh’s use of foreign assistance reached a new record high of $10 billion in fiscal year 2021-22, primarily behind vaccinations, one-time budget support, economic recovery from the pandemic and implementation of mega projects.

The Asian Development Bank (ADB) will provide a $143 million policy-based loan to Bangladesh to improve the volume, efficiency, predictability, and security of cross-border trade in the country.

The Asian Development Bank (ADB) will prioritise its assistance to Bangladesh for graduation from LDC, climate change and sustainable development goals.

Debt servicing has become a rising concern for developing countries in recent times.

The Asian Development Bank is providing $1.78 billion in loans to Bangladesh under the multi-tranche financing facilities, making it the highest proposed financing from the Manila-based lender against any single project.

The Asian Development Bank (ADB) has approved a $50 million loan to help restore the economic activities of microenterprises severely affected by coronavirus pandemic in Bangladesh.

The Asian Development Bank (ADB) and Bangladesh government today signed agreements for $50 million in loan to promote, fund, and implement public-private partnership (PPP) infrastructure projects in the country.