Power Grid Bangladesh PLC will implement the project

The Asian Infrastructure Investment Bank (AIIB) is going to provide budget support under the climate finance programme, which should provide some relief to the country’s foreign currency reserves.

Finance Minister AHM Mustafa Kamal today requested China-led Asian Infrastructure Investment Bank (AIIB) to extend more budget support and ease loan conditions the way the World Bank has done for Bangladesh.

The Asian Infrastructure Investment Bank (AIIB) has agreed to give $250 million in loan as budget support to implement the Strengthening Social Resilience Programme (sub-programme 2).

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.

Finance Minister AHM Mustafa Kamal requests Asian Infrastructure Investment Bank (AIIB) to provide continuous support to minimise the effects of the financial crisis caused by the coronavirus outbreak and the resultant nationwide shutdown.

About 1.5 million residents in Dhaka will benefit from improved sanitation services following the approval of a $170 million loan by the Board of Directors of the Asian Infrastructure Investment Bank (AIIB).

The Asian Infrastructure Investment Bank (AIIB) has approved a $404 million loan to improve Bangladesh’s intercity travel and cross-border connectivity.

The Asian Infrastructure Investment Bank (AIIB) will provide Bangladesh one billion dollar for the development of various projects.

The Beijing-based Asian Infrastructure Investment Bank (AIIB) approves $60 million loan for a power project in Bangladesh.