ABD and World Bank approved $ 1.5 billion loan for Bangladesh, help will be given in this work

Bangladesh Receives Loan: After getting the help of $ 762 million (about Rs 6.360 crore) in May from the International Monetary Fund (IMF), now Bangladesh is going to get a loan again from two big banks of the world. The Asian Development Bank (ADB) and the World Bank have approved a $ 1.5 billion loan for Bangladesh. This will help in improving banking sector, dealing with climate change challenges and depleting of energy sector.

Both banks will get such a huge amount

According to the information received, ADB has approved a loan of $ 90 million for Bangladesh and World Bank of $ 64 million. Bangladesh is going to get this financial assistance at a time when the country is in dire need of foreign currency for foreign trade and its development projects. ADB Bank has informed that out of 90 million dollars, 50 crores will be done to improve the country’s banking system and strengthen it. The remaining 40 crores will be used to deal with climate change selections and promote development.

Many challenges ahead of Bangladesh’s banking system

Bangladesh’s banking system is currently dealing with many challenges, such as there is a huge lack of liquidity in the banking system, so the government does not have enough cash to fulfill its responsibilities. Bangladesh’s banking system also needs to create a strong regulatory framework so that problems like money laundering can be dealt with well.

Work is also to be done towards reducing cyber attack so that the data and money of the customers can be kept secure. The NPL problem in the banking system here is also very worrying, which has reached 74,570 million Taka in the first quarter of 2025.

Not only this, there is also difficulty in charging interest on the loan given to banks. Due to the help done by ADB, work will be done to increase cash in the banking sector, ensure compliance with international norms and to ensure affordable loans for micro, small and medium enterprises.

World Bank amount will help in this work

Apart from this, ADB bank will also give a loan of $ 400 million to Bangladesh to deal with the challenges of climate change. The $ 64 million from the World Bank will be used to reduce air pollution in the city and reduce the obstacles in gas supply.

According to media reports, due to the increasing demand for electricity in the country, the government led by Muhammad Yunus has converted the gas supply into power plants, which has deepened the gas crisis. With the amount received from the World Bank, these two projects will be worked on, which will promote economic development in Bangladesh, increase productivity and more and more people will get employment.

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