Islamic Dev Bank offers Bangladesh $4.9b

22 February, 2024, 03:10 pm

Last modified: 22 February, 2024, 03:15 pm

Islamic Dev Bank offers Bangladesh $4.9b

22 February, 2024, 03:10 pm

Last modified: 22 February, 2024, 03:15 pm

The Islamic Development Bank (IsDB) Group has offered Bangladesh a substantial $4.9 billion in loans, spread across a three-year timeframe starting in 2024. The loan is earmarked for energy procurement, developmental projects, and bolstering the private sector, as stated by officials at the Economic Relations Division (ERD).

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