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Tags : Asian Development Bank


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Inflation to rise to 10.1% in Bangladesh in FY 25: ADB

The Asian Development Bank, in its latest outlook, has projected that inflation in Bangladesh will rise to 10.1 per cent in the fiscal year 2024-25, a significant increase of 3.1 percentage points from its previous estimate made in April.

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ADB lowers Bangladesh's growth forecast to 5.1pc

The Asian Development Bank has slashed its economic growth forecast for Bangladesh to 5.1 per cent for the fiscal year 2024-25, citing political unrest, supply chain disruptions, and recent severe floods...

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ADB to disburse $900 million in next six months

The Asian Development Bank is likely to disburse around $900 million in the next six months as it expressed keen interest to cooperate with the interim government of Bangladesh...

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WB, ADB to lend $2.5b

The World Bank and the Asian Development Bank on Sunday pledged a combined loan of $2.5 billion to Bangladesh to support reforms in the country’s banking and...

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Demographic transition and its global impact

IN THE 21st century, demographic transition, not an esoteric fact any more, has become a critical issue for policymakers and economists worldwide. The process affects every aspect of society, from the labour market and economic growth to healthcare systems and social security to the extent that supranational organisations such as the World Bank...

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ADB to assist Bangladesh in river environment related projects

Advisor for Environment, Forest, and Climate Change Syeda Rizwana Hasan on Tuesday said that Asian Development Bank will assist Bangladesh in implementing low-cost river cleaning projects including that of Buriganga, Turag, and Balu rivers...

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Int’l financial institutions’ culpability

THE International Monetary Fund, World Bank and Asian Development Bank are complicit in the gross human rights violations and death of democracy in Bangladesh. They continued to supply financial blood line to the regime, well-documented for its corruptions, human rights violations — such as forced disappearances and tortures...

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Celebrating walking

YEARS ago, while attending the Asian Development Bank’s Transport Forum, a group of us went on a walking tour. At one point the sidewalk was so narrow pedestrians were in single file, queued up to wait to walk. In the midst of the noise and chaos, someone was burning trash on the sidewalk. The situation was so dismal I started cheering...

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ADB lowers GDP growth FY25   

The Asian Development Bank on Thursday lowered the growth in gross domestic product and made upward revision of inflation in Bangladesh for FY25.

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Govt plans late feasibility study 

The government is going to borrow $250 million from the Asian Development Bank to implement a project for capacity building of the National Pension Authority struggling to...

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ADB’s partnership sought to face environmental challenges

Visiting vice-president of the Asian Development Bank Yingming Yang on Wednesday called on environment, forest and climate change minister Saber Hossain Chowdhury at his secretariat office in Bangladesh aiming to strengthen climate collaborations....

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ADB, WTO boost ties for growth in Asia-Pacific

The World Trade Organisation Secretariat and the Asian Development Bank have signed a memorandum of understanding aimed at bolstering collaborative efforts to drive inclusive and sustainable development through trade and economic integration, including in Asia and the Pacific region...

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Asia not prepared to ensure elderly wellbeing, says ADB report

The number of people aged 60 and above in developing Asia and the Pacific is set to nearly double by 2050 to 1.2 billion-or about a quarter of the total population-significantly increasing the need for pension and welfare programmes as well as healthcare services, said a new report on Thursday...

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Bangladesh banking, revenue sectors need better governance

Asian Development Bank country director for Bangladesh Edimon Ginting on Monday underscored the need for improved governance in the country’s banking and revenue sector to keep the economy healthy and strong...

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Future Lanka leaders need to grasp nettles

THE New Year celebrations this year were low key compared to the past. The loud sound of crackers and other fireworks that traditionally accompany the dawn of the New Year were less than in the past. The economic burden...