Budget-bankrolling funds are flowing in as Japan now agrees to lend Bangladesh around US$350 million following the footstep of multilateral lending trios of the IMF, the ADB and the World Bank, officials said Monday.<\/p>\n
Bangladesh’s largest bilateral donor, Japan, at a negation Monday with the Finance Division and Economic Relations Division (ERD) gave the assurance of budget-support credit, said Ministry of Finance (MoF) officials.<\/p>\n
“We sat for negotiations virtually on Monday. Japan may provide JPY50 billion (US$345 million) to JPY60 billion ($414 million) worth of budgetary support to Bangladesh,” said one official.<\/p>\n
“We are expecting the credit within this fiscal year (FY) 2024-25, ending on June 30,” he added.<\/p>\n
In a move that underscores the strong bilateral ties between the two nations, Japan has agreed to provide Bangladesh with this budgetary support, analysts say. This financial assistance comes at a crucial time for Bangladesh, which is navigating a period of moderated economic growth and grappling with various domestic and global economic headwinds.\u09ac\u09bf\u09b8\u09cd\u09a4\u09be\u09b0\u09bf\u09a4<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Budget-bankrolling funds are flowing in as Japan now agrees to lend Bangladesh around US$350 million following the footstep of multilateral lending trios of the IMF, the ADB and the World Bank, officials said Monday. Bangladesh’s largest bilateral donor, Japan, at a negation Monday with the Finance Division and Economic Relations Division (ERD) gave the assurance […]<\/p>\n","protected":false},"author":1,"featured_media":60428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,14],"tags":[],"class_list":["post-60427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-6","category-14"],"_links":{"self":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60427"}],"version-history":[{"count":1,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60427\/revisions"}],"predecessor-version":[{"id":60429,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60427\/revisions\/60429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/media\/60428"}],"wp:attachment":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}