Dhaka, Feb. 11 -- Bangladesh is getting US$400 million from the Asian Infrastructure Investment Bank (AIIB) as budget-support credit to finance policy actions for infrastructural development in climate-critical sectors, sources said.

The agreed loan will be given under the AIIB's climate policy-based financing arrangement (CPBF) in a project titled 'Climate Resilient Inclusive Development Programme (Sub-programme 2)'. The recipe will be co-financed by the Asian Development Bank (ADB).

Finance division, the ministry of environment, forest and climate change, planning commission, cabinet division, the central bank, local government, rural development and cooperatives, and water ministry, agriculture ministry, railways ministry, road trans...