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ADB, World Bank approve loans worth USD 1.5 billion to Bangladesh - The Economic Times

Published 13 hours ago1 minute read
ADB, World Bank approve loans worth USD 1.5 billion to Bangladesh
PTI
(CRIDP) aimed at supporting Bangladesh's efforts to adapt to climate change, cut emissions and foster inclusive economic growth.

Also on Thursday, the World Bank (WB) approved USD 640 million for two projects aimed at enhancing gas supply and improving air quality in Bangladesh.

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With the ADB and WB approvals, Bangladesh is set to receive more than USD 1.5 billion -- a development that will ease the continued strain on its foreign currency reserves.

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