ADB President Meets Bangladesh PM on $1.4 Billion Loans and Future Programs
Updated
Updated · The Daily Star · May 24
ADB President Meets Bangladesh PM on $1.4 Billion Loans and Future Programs
8 articles · Updated · The Daily Star · May 24
$1.4 billion in newly signed ADB loan agreements was a central focus of President Masato Kanda’s meeting with Prime Minister Tarique Rahman in Dhaka on Saturday.
The talks at the Prime Minister’s Office in Tejgaon also covered the Asian Development Bank’s ongoing projects and future programmes in Bangladesh.
Finance Minister Amir Khosru Mahmud Chowdhury and Principal Secretary ABM Abdus Sattar joined the meeting, underscoring the government’s direct involvement in the financing discussions.
How will Bangladesh's new billion-dollar loans fuel growth instead of just being used to pay off older creditors?
Will ADB's massive investment stabilize Bangladesh's economy or inadvertently entrench the ruling government's power?