Thursday, September 21, 2023

Mashiur all set to go?

Padma Loan Crisis Mashiur all set to go? In the interest of Padma bridge funding, Mashiur Rahman has tentatively agreed to step down as the prime minister’s economic affairs adviser, highly placed government sources have said. The co-financiers of the project — Asian Development Bank (ADB) and Japan International Cooperation Agency (Jica) — have extended ... Read more

Jica extends time by three weeks

Padma Bridge Funding Jica extends time by three weeks Japan International Cooperation Agency (Jica) yesterday extended its loan effectuation deadline for three weeks for the Padma bridge project, a day after the Asian Development Bank extended its deadline by a month. Jica has conveyed its decision to the Economic Relations Department (ERD) of the finance ministry, ... Read more

Light not thrown on graft allegations yet

Muhith admits World Bank halts Padma Bridge funding; bins propaganda against Yunus The World Bank has “temporarily halted” funding the Padma Bridge project and is waiting for the government’s response to its allegations of corruption in the tender process for the project. The government has not yet made it clear what the graft allegations are, ... Read more