Web Analytics
Bangla
Loading date...
RECENT THREADS SOCIAL PAGE LOGIN

The government of Bangladesh has approved five loan proposals totaling $1.9 billion from development partners, of which around $1.6 billion are classified as non-concessional loans with strict repayment terms. The approval came from the Standing Committee on Non-Concessional Loans at the Planning Ministry, chaired by Finance and Planning Minister Amir Khasru Mahmud Chowdhury. About $1.3 billion of the total will be used as budget support to address immediate fiscal pressures.

Under the approved package, Bangladesh will receive $450 million from the Asian Development Bank (ADB), $500 million from the Japan International Cooperation Agency (JICA), $250 million from the Asian Infrastructure Investment Bank (AIIB), and $100 million from the OPEC Fund for International Development. Officials said these loans carry higher interest rates, shorter grace periods, and tighter repayment schedules. In addition, ADB will provide another $300 million for the SASEC Dhaka–Sylhet Corridor Road Investment Project.

The committee also decided that non-concessional loans will be taken only when concessional financing is unavailable, and repayment capacity must be ensured. It set limits to keep annual repayment costs below 10% of export earnings or 15% of government revenue, and total non-concessional debt under 10% of GDP.

Card image

Related Rumors

logo
No data found yet!

The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.