Covid-19: Australia to give Brac AUD 85m for inclusive economic recovery

Australia will provide AUD 85 million to Brac for the third phase of the Strategic Partnership Arrangement (SPA) 2021-2025 to help address the impact of Covid-19 and support inclusive economic recovery.

Australian High Commissioner to Bangladesh, Jeremy Bruer and Brac Executive Director Asif Saleh signed a document in this regard on Monday.

In a statement, Bruer said Australia and Brac have built a strong relationship for over a decade under the SPA.

"We share a joint commitment to innovation, inclusive growth…and gender equality," he said.

BRAC Executive Director Asif Saleh said over the past decade the partnership between Brac and Australia has tackled some of the most pressing challenges posed by poverty, refugee crises and gender inequality.