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Finance Minister AHM Mustafa Kamal has sought more development assistance from the Asian Development Bank (ADB) to properly address the challenges of the country’s graduation from the least developed country to the developed country.
Kamal made the plea at a view exchange meeting with the visiting ADB Vice-President (Operations 1) Shixin Chen at The Westin Dhaka yesterday (May 9, 2022), said a press release.
The ADB provided a total of US$ 2.2 billion to Bangladesh for the last two years to uplift its economic growth from the pandemic-battered situation along with purchasing Covid-19 vaccine for its people.
Of them, the regional development bank gave one billion US dollar in case of budgetary assistance to Bangladesh, $100 million for Covid-19 response emergency assistance project, US $940 million loan for purchasing Covid-19 vaccine, $9.34 million grant and $150 million for fast economic recovery and skill development of the immigrant workers.
The minister thanked ADB for its support to Bangladesh when such assistance was needed for the country to maintain its rising growth amid the challenges of the pandemic-battered situation.
Shixin Chen assured Kamal that the way the ADB helped Bangladesh for the recovery of the social and economic safety from the pandemic will keep its continuation in future also.
(TDS)
