The Bangladesh Bank on Thursday launched an Asian Development Bank-funded $150 million or Tk 1,290 crore in refinance scheme to support setting up cottage, micro and small enterprises by returning migrant workers, youths and rural enterprises. Under the project, the returning migrants, youths and rural enterprises will receive
Finance minister AMA Muhith has said that the Asian Development Bank had assured Bangladesh of extending all cooperation, including appointment of consultants, river training and tender processing for the Padma bridge project. ADB president Takehiko Nakao gave Bangladesh the
Finance minister AMA Muhith left Dhaka for New Delhi on Thursday on a five-day tour to attend the 46th Annual Meeting of the Board of Governors of the Asian Development Bank in the Indian capital. The annual meeting of the Manila-based lending agency that began on the day at the India Expo Centre and Mart ... Read more
The Asian Development Bank is unhappy with the progress four of its funded development projects in Bangladesh have made. The development partner also demanded its funded projects be completed within time, official sources said.
The Asian Development Bank will hold a meeting with the Economic Relations Division on April 15 to review the projects financed by the lender in Bangladesh. The meeting will be held at the Planning Division. ‘Regular review meeting or interactions between
It says GDP growth to be only 5.7pc The Asian Development Bank has projected that the country’s GDP growth will be 5.7 per cent, lower than the World Bank and International Monetary Fund estimates of 5.8 per cent, in the current fiscal year because of political uncertainties and stagnant economy of Europe. The bank in ... Read more
A consultation mission of Asian Development Bank will arrive in Dhaka this month to examine scope of the installation of 500MW capacity solar energy system in Bangladesh. The ADB also plans to take an initiative to organise an investors’ meeting in Dhaka by September to ensure donors’ support in the project, a top official of ... Read more