Asian Development Bank (ADB)

ADB approves $71m loan to improve flood control in Gopalganj, Madaripur

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change

$160 million ADB loan to boost Dhaka’s energy supply, distribution

The Dhaka Power System Expansion and Strengthening Project will construct eight substations

ADB to give Bangladesh $1 billion loan for five projects

The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor

Pandemic, inflation push 68 million more in Asia into extreme poverty: ADB

Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.

International Day of Forests / How forestry projects destroy forests

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

FY23’s first budget support materialises

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

Higher inflation, lower GDP this fiscal

Life is set to get tougher for the poor and the low-income people as the Asian Development Bank yesterday projected that inflation in Bangladesh would average 6.7 percent this fiscal year, up from 6.2 percent in fiscal 2021-22.

‘Bangladesh to get ADB’s $2 billion loan this fiscal’

The Asian Development Bank (ADB) is working to hand over $2 billion in loan assistance to Bangladesh by the current fiscal year, ADB Country Director Edimon Ginting said today.

ADB scales up funding by 85pc

The Asian Development Bank would be providing $9.05 billion over the next three years, up 84.7 percent from the preceding three years, as the Manila-based lender is mobilising greater resources to prepare the country well for graduation from the LDC bracket in 2026.

March 13, 2024
March 13, 2024

ADB approves $71m loan to improve flood control in Gopalganj, Madaripur

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change

January 2, 2024
January 2, 2024

$160 million ADB loan to boost Dhaka’s energy supply, distribution

The Dhaka Power System Expansion and Strengthening Project will construct eight substations

November 28, 2023
November 28, 2023

ADB to give Bangladesh $1 billion loan for five projects

The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor

August 24, 2023
August 24, 2023

Pandemic, inflation push 68 million more in Asia into extreme poverty: ADB

Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.

March 21, 2023
March 21, 2023

How forestry projects destroy forests

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

November 30, 2022
November 30, 2022

FY23’s first budget support materialises

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

September 22, 2022
September 22, 2022

Higher inflation, lower GDP this fiscal

Life is set to get tougher for the poor and the low-income people as the Asian Development Bank yesterday projected that inflation in Bangladesh would average 6.7 percent this fiscal year, up from 6.2 percent in fiscal 2021-22.

September 20, 2022
September 20, 2022

‘Bangladesh to get ADB’s $2 billion loan this fiscal’

The Asian Development Bank (ADB) is working to hand over $2 billion in loan assistance to Bangladesh by the current fiscal year, ADB Country Director Edimon Ginting said today.

September 12, 2022
September 12, 2022

ADB scales up funding by 85pc

The Asian Development Bank would be providing $9.05 billion over the next three years, up 84.7 percent from the preceding three years, as the Manila-based lender is mobilising greater resources to prepare the country well for graduation from the LDC bracket in 2026.

July 28, 2022
July 28, 2022

Record $10b foreign aid used last fiscal year

Bangladesh’s use of foreign assistance reached a new record high of $10 billion in fiscal year 2021-22, primarily behind vaccinations, one-time budget support, economic recovery from the pandemic and implementation of mega projects.

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