$1 billion loan: ADB vice-president to reach Dhaka tonight for discussion
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Ashok Lavasa, Dec. 6 -- president of Asian Development Bank (ADB), will arrive in Dhaka tonight to discuss Bangladesh's requirement of USD 1 billion in loan assistance for budget implementation, Economic Relations Department (ERD) sources have said.
Lavasa, in-charge of Private Sector Operations and Public-Private Partnerships, will meet the planning minister and foreign minister during his weeklong visit.
The ADB vice-president will also have discussion with Bangladesh Bank on debt management, government expenditure and other issues.
Earlier, ERD sent a loan proposal of USD 1 billion to ADB for budget support.
ADB's Dhaka office has informed the Ministry of Finance about Lavasa's visit.
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