The Asian Development Bank has identified four major risks to Bangladesh’s economy, including the potential impact of additional US tariffs and political uncertainty, both of which could hinder growth and fuel inflationary pressures.
The Asian Development Bank (ADB) has projected Bangladesh’s GDP growth rate to slow to 4.3 percent in fiscal year (FY) 2025, reflecting a subdued outlook amid political uncertainty, supply disruptions and tight monetary policy.
The project will be implemented in between 2024 to 2029
The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.
The government is expecting at least $5.65 billion in budget support this fiscal year from the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) to expedite reforms.
Many ongoing development projects, funded by the Asian Development Bank, is facing additional implementation challenges due to the current political climate and changes in the government, a document says.
The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024
The Asian Development Bank (ADB) has appointed Hoe Yun Jeong as its new country director for Bangladesh
Finance Adviser Salehuddin Ahmed says after meeting with ADB
In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.
The financial health of the banking sector is weakening due to rising non-performing loans, a lack of corporate governance and increasing capital shortfall, according to an Asian Development Bank report released yesterday.
The Asian Development Bank (ADB) Board of Directors approves grant assistance of $100 million -- the first of an envisaged package totaling $200 million to help Bangladesh develop basic infrastructure and services for displaced persons (Rohingyas).
Bangladesh needs to clock in at least 10 percent economic growth for the next two decades if it wants to become a developed country
The Transparency International Bangladesh (TIB) has urged the government not to take financial assistance from ADB for the Rohingya
The imperious Virat Kohli will be eyeing a fairytale ending Sunday to a record-breaking season when he leads the Royal Challengers Bangalore in the Indian Premier League's final against Sunrisers Hyderabad.
The government has revised a project to lay a 129-km rail track from Dohazari to Gundum near Myanmar border via Cox's Bazar at a cost of Tk 18,034 crore.
The Asian Development Bank will provide Tk 13,115 crore loan for implementing a rail route project which will connect Bangladesh to the east and west.
The Asian Development Bank (ADB) extends fresh loan to Bangladesh to expand a water project in south-west area.
Bangladesh economy is expected to perform strongly this year, according to the latest figures from the Asian Development Bank (ADB).
