Dhaka Diplomat

Germany to Provide 1 Billion Euro Support to Bangladesh for Renewable Energy - Environment Advisor

Environment, Forest and Climate Change & Water Resources Advisor Syeda Rizwana Hasan stated that Germany will provide Bangladesh with 1 billion Euro over the next ten years, including 15 million

Govt expects WB's budget support this year: Salehuddin

Finance and Commerce Adviser Dr Salehuddin Ahmed today said Bangladesh expects budget support from the World Bank (WB) within this year. "We're expecting budget support from the World Bank within this year and this will be finalized and then you will know," he said. The adviser said this while talking to the newsmen after a WB delegation led by its Regional Director Mathew A Verghis met him at the Finance Division in Bangladesh Secretariat. He said the WB team has been requested to immediately provide the budget support to carry out the necessary reforms here. "Since World Bank is our largest multilateral development partner, we need special support in the forms of financial assistance and technical assistance from them," he added. The finance adviser said, "They (WB) have agreed and also positive as well as open minded. They have also been assured and more detailed discussions will be held mainly on how to carry out the reforms,"

Germany to Provide 1 Billion Euro Support to Bangladesh for Renewable Energy - Environment Advisor

Environment, Forest and Climate Change & Water Resources Advisor Syeda Rizwana Hasan stated that Germany will provide Bangladesh with 1 billion Euro over the next ten years, including 15 million

Offshore oil, gas exploration: 7 foreign firms bought tenders so far

Project cargo for Numaligarh refinery arrives via India Bangladesh protocol route

Tripura chapter of IBCC writes to Bangladesh minister for better connectivity

Hapag-Lloyd increases rates from Pakistan, India, and Bangladesh to north and south Europe

IMF agrees to lend $1.15 billion to Bangladesh in third tranche

The International Monetary Fund (IMF) has agreed to provide $1.15 billion to Bangladesh in the third instalment under its multi-billion-dollar loan programme. An IMF team reached a staff-level agreement with the government of

Focus on growth–boosting reforms, IMF tells Bangladesh

Bangladesh should focus on containing inflation and rebuilding external resilience in the near term in order to tackle the current macroeconomic volatility and the balance of payments crisis, said a

IMF, ADB loans to boost reserves in Dec: Bangladesh Bank

Bangladesh's foreign exchange reserves will increase in December as the country will receive $1.31 billion loans from various sources, including $689 million of the second tranche of the International Monetary

ADB to give Bangladesh $1 billion loan for five projects

The Asian Development Bank (ADB) today signed multiple agreements with Bangladesh to provide the country with $1.026 billion in loans for five different projects. The projects are taken for energy efficiency,

BASEL ANTI MONEY LAUNDERING INDEX / Bangladesh jumps 5 notches but still at high-risk zone

Bangladesh has made significant improvement in Basel AML Index 2023, a global anti money laundering (AML) index, but the country still poses higher risk than its neighbours like Pakistan and

ILO calls for transparency in fixing RMG wages

The International Labour Organization (ILO) has underscored the necessity of adopting a minimum wage determination process for Bangladesh's garment sector founded on transparency, fairness and evidence to ensure a decent

IFAD reassures support to transform Bangladesh's rural economy

The International Fund for Agricultural Development (IFAD) has reassured its continuous support in transforming Bangladesh's rural economy. The pledge was made when IFAD's newly appointed Country Director for Bangladesh Dr Valantine Achancho presented his credentials to foreign affairs adviser Md Touhid Hossain at the Foreign Ministry here on Wednesday, said a IFAD press release today. During the meeting, Achancho said IFAD remains deeply committed to improving the lives and livelihoods of rural communities by boosting agricultural productivity, increasing rural incomes, and empowering smallholders and farmers, women, and youth. "Bangladesh has incredible potential when it comes to agriculture and transforming rural communities. I am excited to collaborate with the government, our partners, and local communities to strengthen agricultural systems and improve lives across the country," he said. By working together, the country director said, "We can create sustainable growth and give smallholder farmers the support they need to overcome challenges and thrive." Before coming to Bangladesh, Achancho served as IFAD Country Director and Representative for the Democratic Republic of Congo and the Republic of Congo from 2020 to 2024, and has previously held the same position for Niger, Burkina Faso, and Chad. In his new role of Country Director for Bangladesh, Achancho will be advocating for and enhancing national government programmes that strengthen climate resilience in vulnerable rural communities through infrastructure and climate-smart agriculture, while enhancing access to finance, technology, and markets for smallholders and marginalized groups to diversify the economy and create rural jobs. "I am dedicated to collaborating with our partners to empower rural communities, enabling them to adapt to climate change, tackle economic challenges, and build sustainable livelihoods for long-term resilience," says Achancho. He also served as IFAD Country Programme Officer for Cameroon and Gabon, and Programme Officer for the Indian Ocean region, contributing to rural development projects in the Sahel and Congo basin, mobilizing co-financing, and strengthening partnerships with governments, donors, and civil society to improve rural livelihoods. Today, IFAD's programme in Bangladesh is one of its largest. Currently, IFAD has investment of USD 519 million in Bangladesh, distributed across six ongoing projects implemented by the Ministry of Agriculture, the Local Government Engineering Department, Palli Karma-Sahayak Foundation, and the Bangladesh Water Development Board.

০৬ সেপ্টেম্বর, ২০২৪