Dhaka, Jan. 5 -- The Asian Development Bank (ADB) has pledged $2.57 billion in new sovereign financing to Bangladesh in 2025, more than doubling its 2024 commitment of $1.18 billion.
The programme will focus on priority investments in energy, transport, banking reforms, urban services, climate resilience, small and medium-sized enterprises (SMEs) and improving livelihoods and services in Cox's Bazar, according to an ADB press release.
ADB Country Director Hoe Yun Jeong reaffirmed the bank's support for Bangladesh during this critical transition period amid a challenging global landscape.
"Our 2025 commitments underscore our enduring partnership with Bangladesh and our shared focus, in close collaboration with the Economic Relations Div...
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