Funds pour into Bangladesh in response to interim government’s appeal

The World Bank, the Asian Development Bank, the Islamic Development Bank and others, are providing support packages worth billions of dollars, to help with financial sector reforms.

Funds have started to pour into Bangladesh after the interim government appealed to bilateral and multilateral development partners after the past government left the state's finances in a state of disarray. 

The World Bank on September 17 made a commitment to mobilise an additional $2 billion for Bangladesh this fiscal year to support critical reforms, flood response, better air quality, and health.  

This will be in addition to another $750 million policy-based loan and $250 million investment loan and guarantee facility as budget support targeting financial sector reforms.

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