AIIB to provide $4.5 billion to Bangladesh
Online Desk
26 Sep 2023 21:43 PM । Update: 26 Sep 2023 21:59 PM
Participants at the annual general meeting of the Asian Infrastructure Investment Bank (AIIB) held in Egypt.
Bangladesh will get $4.5 billion from the China-led Asian Infrastructure Investment Bank (AIIB) in the next five years, according to a press release of the finance ministry.
The ministry said that the funds will be spent on climate-related projects and other sectors in the country.
However, the government has urged the AIIB to loosen the loan's requirements.
Bangladesh has so far received loans totaling $3.27 billion from the AIIB for 18 projects.
/MHK/
