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
- New diabetes drug may help obese to reduce weight
- Daryl Hannah debuts as director
- Bodies of 23 plane crash victims arrive in Dhaka
- Cabinet adopts obituary reference for Priyabhashini, plane crash victims
- Housewife found dead in Rajshahi
- Husband kills 16-year-old wife in City
- SC stays Khaleda’s HC bail till May 8
- Janaza of dead Bangladeshis held, bodies to be brought back today
- 19 March Deaths
- FBHRO starts its journey
- Prithula Rashid, a life cut short
- Govt declares mourning day today
- Queen Boudicca: a tribal woman fought against Roman rule
- Jacqueline Fernandez gets into Madhuri Dixit mode
- PM returns home tomorrow shortening Singapore visit
- US-Bangla flight reaches Nepal with families of crash victims
- Schoolgirl stabbed in Chapainawabganj
- First injured Bangladeshi victim of Nepal plane crash brought to Dhaka