Bangladesh had earlier taken budget assistance from the World Bank and Asian Development Bank. “I hope we will get budget assistance from JICA for the first time,” the minister said. An official at the Economic Relations Division, speaking on condition of anonymity, said IsDB pledged to move funds from an ongoing project to budget assistance. Bangladesh also sought $150 million from the development bank as loan to mitigate the coronavirus crisis. ADB Country Director Manmohan Parkash told bdnews24.com Kamal had sought $1 billion from the Manila-based lender in budget assistance.

Source: bd News24 May 15, 2020 22:18 UTC