WB to give $6 billion credit to Bangladesh
Published : 21 Apr 2017, 14:07
The World Bank has pledged to extend US$6 billion credit to Bangladesh in next three years.
The announcement came after Finance Minister AMA Muhith held a meeting the global bank’s Vice President for South Asia Region Annette Dixon at its Washington DC headquarters yesterday.
The finance minister is now in Washington to attend the Spring Meeting of the World Bank Group.
Earlier, the credit was $4 billion, the minister added. The World Bank would provide the money in three installments of $2 billion each in every fiscal from 2017-18 to 2019-20, Muhith said.
The Bangladesh delegation there includes Bangladesh Bank Governor Fazle Kabir, Finance Secretary Hedayetullah Al Mamoon, Economic Relations Division Secretary Kazi Shofiqul Azam, and Alternate Executive Director to the World Bank Muhammad Musharraf Hossain Bhuiyan.
- Most viewed
- Doob to represent Bangladesh in 91st Oscar
- Prime Minister leaves London for New York
- Rock your locks with stylish chic buns
- Tempting sev puri to satisfy your craving
- James Bond to be back in 2020
- Mother ‘hacked dead’ by ‘drug addict’ son in Kushtia
- 23 September Events
- 23 September Births
- 23 September Deaths
- Seven-day skin care routine for lovely looks
- Instant triple talaq an offence in India
- Prime Minister to address 73rd Session UNGA September 27
- PM leaves for London Friday en route to NY to join 73rd UNGA
- Bangladesh hand Lebanon 8-0 thrashing
- PM unveils ‘World Skills Bangladesh’ logo
- Virtual or real? Fashion world split over digital supermodels
- Hasina, Modi to open Bangladesh-India oil pipeline today
- UK Foreign Secy Hunt to meet Suu Kyi during Myanmar visit