The Asian Development Bank has unveiled a new country strategy for Bangladesh for the next five years in order to help the country diversify its economy and accelerate rural and balanced regional development.
It would adopt a broad-based approach for the Country Partnership Strategy period spanning 2016-20 so that it can respond flexibly to Bangladesh's needs and demands.
Under the new partnership strategy, which was unveiled recently at a programme at the National Economic Council in Dhaka, the ADB will provide $8 billion to Bangladesh, up 60 percent from the previous five-year programme.
Half of the lending will be concessional while the remainder will carry market-based interest rates, according to an official of the bank.
The new plan will seek to help the country boost economic growth upwards of 7 percent and generate more urban and rural jobs. Bangladesh's potential as a regional hub for trade and transport links, under the new South Asia Sub regional Economic Cooperation or SASEC plan, will also get attention from ADB.
The British Council offers a range of promotional opportunities for UK institutions.
Our services in Bangladesh include exhibitions, direct marketing services, consultancy (customised research and in-depth advisory & market scoping, partnership brokering), education market reports and data tools (Country Brief, Student Insight, data mining & interactive tools), market overviews, face to face market briefings, market news highlights & education opportunities and agent training.
We can help by preparing customised promotional offers as per your budget and target audience. To know more about digital services and packages of SIEM Bangladesh, write to M Jahir Uddin and siemsouthasia@britishcouncil.org.
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ADB to Boost Bangladesh Lending to $8 Billion Under New 5-Year Partnership
ADB to boost lending by $8 billion under new partnership with Bangladesh
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M Jahir Uddin
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